This page tracks USD/INR, GBP/INR, and EUR/INR through the trading day, the three rates that matter most if you're sending money from the US, UK, or Europe to India. The rate widget below is live and updates on its own. The commentary log underneath gets a new entry whenever something actually moves these rates, not on a fixed clock.
Today's updates
Latest 1:00 PM IST
USD/INR — Latest News: The Indian rupee remains under pressure, trading around ₹95.36–₹95.54 per US dollar after weakening in early trade.
Main Reason: The dollar has eased slightly following softer US economic data, providing some relief to Asian currencies. However, RBI intervention, importer dollar demand and elevated crude oil prices continue to weigh on the rupee.
Impact on the Forex Market: A softer US dollar is offering some support to Asian currencies, while traders continue to monitor RBI intervention and global oil prices.
Why It Matters for USD/INR: If dollar weakness continues, the rupee could find some near-term support. However, strong dollar demand from importers and higher crude oil prices could limit the rupee's recovery.
Latest12:30 PM IST
Rupee weakens 17 paise to 95.59 against the dollar in early trade, with Brent crude above $88.94 a barrel and dollar demand tied to RBI's FCNR(B) window closing early. GBP/INR holds near a one-month high above 129, still supported by last week's UK GDP print (+0.4% Q2). EUR/INR stays above 110, helped by Friday's stronger-than-expected German wholesale inflation data (5.3%).
12:00 PM IST
Quiet session so far. USD/INR trades around 95.46, down about 0.15% over the past 24 hours, well within its recent range (95.13 to 95.65 over the past week). No fresh headlines on GBP/INR or EUR/INR today. Background context: RBI's August 14 move to close its FCNR(B) swap window early continues to shape sentiment, but it's not a new trigger today.
09:00 AM IST
Coverage for today is open. USD/INR, GBP/INR, and EUR/INR are live in the widget above. Check back through the day, this section gets a new entry whenever there's an actual move worth flagging, not on a fixed schedule.
Why USD/INR, GBP/INR, and EUR/INR move during the day
A handful of things typically move these rates within a single session: US or Eurozone economic data landing during the day, central bank commentary from the Fed, the Bank of England, or the ECB, sudden risk-off moves tied to geopolitical headlines, and RBI intervention in the rupee when moves get too sharp. None of these happen on a schedule, which is exactly why a live widget plus event-driven commentary works better than a fixed update clock.
For the deeper story behind any single pair, our full write-ups go further than a live rate can. See our coverage on GBP/INR and the UK's autumn Budget risk and the US-Japan yen intervention.
Comparing remittance providers
The rate you see on a live chart is the interbank mid-market rate. What you actually get from a remittance provider, Wise, Remitly, Western Union, or your bank, will be slightly different once their margin and fees are applied. Always check the provider's own quoted rate for your specific transfer amount before sending, since margins vary by corridor and amount. Run the numbers through our forex calculator suite to see what a given rate actually means for your transfer.
Frequently asked questions
What is today's USD/INR remittance rate?
Check the live widget at the top of this page for the current interbank USD/INR rate. This page tracks it through the day, along with GBP/INR and EUR/INR, alongside desk commentary on what's moving it.
Is the rate shown here the rate I'll get from Wise or Remitly?
No. The rate shown is the interbank mid-market rate, the raw exchange rate banks trade at. Remittance providers like Wise, Remitly, and Western Union add their own margin and fees on top, so the rate you're offered will be slightly different. Always check your provider's quoted rate for your specific transfer amount.
How often is this page updated?
The rate widget updates on its own, continuously, through the trading day. The commentary log below it gets a new entry whenever there's an actual development worth flagging, a rate move, a central bank headline, or an intervention, rather than on a fixed schedule.
Which remittance service has the best rate today?
This varies by provider, transfer amount, and corridor, and it changes often. Compare your specific transfer amount across a few providers directly before sending, since a provider with a better headline rate can sometimes have higher fees that offset the difference.
What moves USD/INR, GBP/INR, and EUR/INR during the trading day?
US, UK, and Eurozone economic data releases, central bank commentary from the Fed, Bank of England, or ECB, sudden risk-off moves tied to geopolitical headlines, and RBI intervention in the rupee when moves get too sharp are the main drivers within a single session.
⚠ Disclaimer: Rates shown are interbank mid-market rates for reference only, not the rate any specific provider will offer you. For informational purposes only, not financial advice. Always confirm the live rate and fees directly with your remittance provider before sending money.
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