Business

Rupee at fresh low

Rupee at fresh low

By Himalayan News Service

Illustration: Ratna Sagar Shrestha/THT

KATHMANDU: The slide of Nepali rupee shows no sign of abating, as the value of Indian rupee against which it is pegged continues to spiral downwards. As per the exchange rate of Nepal Rastra Bank, each US dollar will fetch 115.48 on Friday, a fresh all-time low. The exchange rate for Thursday was fixed at 115.11 vis-à-vis the greenback.