Dollar price getting higher day by day

The price of US dollar has reached to Rs. 114.24. Nepal Rastra Bank had declared the dollar price as Rs. 113.89 for Tuesday. But the price increased to Rs. 114.24 in the same day.

Dollar price is increasing and Nepali currency is getting cheaper day by day due to the increasing demand of dollar. It is the effect of India spending dollar a lot for extending the stock of petroleum.