The depreciating Nepali rupee set another record against the US dollar when it slipped to an all-time low of 105.31 on Tuesday. The Nepal Rastra Bank (NRB) has fixed the reference exchange rate for Wednesday at Rs 105.31 per dollar .
According to bankers, the greenback was traded at more than Rs 105 per dollar on Tuesday. The US dollar has become expensive by more than Rs 10 in a month’s time, resulting in imported goods becoming expensive, while those going abroad for studies are having to pay more and the remittance inflow has gone up....
