Rupee at historic low against dollar
June 12, 2013, 8:05 a.m.
Kathmandu, June 12 – The Nepali Rupee further depreciated to an all time low against the US dollar as Nepal Rastra Bank has fixed the exchange rate at Rs. 93.79 per dollar for Wednesday.
The devaluation of Nepali Currency pegged Rs. 0.86 from Tuesday’s 92.93 per dollar following the depreciation of Indian Currency (IC) against US dollar.
IC has plunged to record low of IRs. 58.38 per dollar on Tuesday from Monday’s IRs. 57.98 per dollar.
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