Rupee slips against Euro

July 18, 2018
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The rupee slipped against the Euro again Thursday as the daily exchange rate remained unchanged with the US dollar whose value is slipping in the money market.

The Nepal Rashtra Bank fixed Thursday’s buying rate for one Euro at Rs.78.89 and the selling rate at Rs.79.50. The slide started Wednesday. The central bank fixed Thursday’s buying rate for the dollar at Rs.78.00 and the selling rate at Rs.78.60 For the first time the Euro is fetching more rupees that the dollar in the money market.