Which rate will the bank use to exchange Nepalese rupees into American dollar? Write it.

You're on a roll — here are the solutions to problem 4: Problem 4: The exchange rates are given as: Bank buying rate for 1 = NRs. 141.64 Bank selling rate for 1 = NRs. 142.24 a) Which rate will the bank use to exchange Nepalese rupees into American dollar? Write it. Step 1: Identify the transaction. When a customer wants to exchange Nepalese rupees into American dollars, the bank is selling American dollars to the customer. Step 2: Determine the rate. The bank will use its selling rate for American dollars. The rate is NRs. 142.24 for $1.