Nepal News Evening Economic Brief – October 21, 2026

KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today:

India, US Seek to Finalize Trade Deal, with Implications for Nepal

India and the United States have pledged to expand cooperation in trade, defense, technology and energy security while working to finalize a proposed bilateral trade agreement. Indian External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed bilateral ties and regional and global developments in Mumbai on Tuesday. Rubio said the deal was nearing completion, with only a few technical issues remaining. The agreement could have implications for Nepal, whose imports rely heavily on India. Changes in Indian trade flows, prices, energy arrangements or supply chains resulting from closer US-India economic ties could affect Nepal’s import costs and market stability, although the impact will depend on the agreement’s final terms.

NRB’s Foreign Exchange Rates for Today

The Nepal Rastra Bank (NRB) has set the exchange rates for major foreign currencies for Wednesday (October 21). According to the NRB, the USD is fixed at Rs 151.59 for buying and Rs 152.19 for selling. EUR is set at Rs 170.02 and Rs 170.69, respectively, while GBP is fixed at Rs 202.38 and Rs 203.18. The buying and selling rates for CHF are Rs 183.86 and Rs 184.58, AUD Rs 105.95 and Rs 106.37, CAD Rs 107.84 and Rs 108.27, and SGD Rs 118.57 and Rs 119.04. The JPY rate is Rs 9.59 for buying and Rs 9.63 for selling per 10 units, while KRW is Rs 11.42 and Rs 11.46 per 100 units. CNY is set at Rs 22.70 and Rs 22.79, SAR at Rs 40.41 and Rs 40.57, QAR at Rs 41.59 and Rs 41.75, THB at Rs 4.51 and Rs 4.52, and AED at Rs 41.28 and Rs 41.44. Similarly, MYR is fixed at Rs 37.13 and Rs 37.28, SEK at Rs 15.29 and Rs 15.35, DKK at Rs 22.75 and Rs 22.84, HKD at Rs 19.31 and Rs 19.39, KWD at Rs 492.18 and Rs 494.12, BHD at Rs 401.56 and Rs 403.15, and OMR at Rs 393.74 and Rs 395.29. The INR buying rate is Rs 160.00 and the selling rate is Rs 160.15 per 100 units. Note: Under the present system, the open market exchange rates quoted by different banks may differ.

Langtang Sees Rise in Tourist Arrivals After Transport Link Reopens