USD to INR Today : ₹96.33 Ahead of RBI Decision- 6 Oct 2026
USD to INR Today : ₹96.33 Ahead of RBI Decision- 6 Oct 2026
Last updated: 6 October 2026, 10:30 AM IST | 1:00 AM ET | 6:00 AM UK | 7:00 AM CEST | 1:00 PM SGT/HK | 2:00 PM JST
ASIA FX WATCH: The rupee trades near ₹96.30–96.35 per dollar on Tuesday morning, a touch weaker than Monday's 96.30 close. Spot gold holds in the $4,120–4,140 zone. India 24K gold is near ₹1,48,900–1,49,500 per 10 grams, and Brent trades around $100.50–100.80. The RBI announces its decision Wednesday at 10:00 AM IST, or 12:30 AM in New York. Most economists expect a 25 bps hike. Track it on our live USD/INR chart.
- USD/INR is near ₹96.30–96.35, with support at ₹95.90–96.00 and resistance at ₹96.40–96.50.
- Brent trades near $100.50–100.80 as Hormuz flows recover, but oil above $100 still weighs.
- A 25 bps RBI hike to 5.50% is the base case, the first since February 2023.
Brent has settled in the $100.50–100.80 band after last week’s swings. Oil near $100 continues to keep pressure on India’s import bill and the rupee.
Spot gold is holding around $4,120–4,140 an ounce. Delhi 24K quotes are clustered near ₹1,48,900–1,49,500 per 10 grams.
RBI decision is due tomorrow at 10 am. Most desks still expect a 25 bps hike. Remitters who want certainty can lock rates today.
Tomorrow's RBI decision is the main event. A hold would surprise the market more than a 25 bps hike.
📊 USD to INR Today: Live Market Snapshot
| Currency / Asset | Current Level | Bias | Source |
|---|---|---|---|
| USD to INR | ₹96.30–96.35 | Holding above 96.30 | TradingEconomics, Xe |
| SGD to INR | ₹75.15–75.30 | Steady | Xe |
| EUR to INR | ₹108.20–108.45 | Soft | Xe |
| AED to INR | ₹26.20–26.25 | Tracks USD | Xe |
| CNY to INR | ₹14.35–14.38 | Steady | Xe |
| JPY to INR | ₹0.609–0.611 | Soft | Xe |
| Brent Crude | ~$100.50–100.80 / bbl | Steady | OilPrice.com, Investing.com |
| Gold Spot | $4,120–4,140 / oz | Range-bound | USAGold |
| India 24K Gold | ₹1,48,900–1,49,500 / 10g | Steady | Goodreturns, Financial Express |
📐 Technical Levels to Watch
| Zone | USD/INR | What it means |
|---|---|---|
| Resistance | ₹96.40–96.50 | Ceiling before the RBI. |
| Breakout zone | Above ₹96.50 | Targets ₹96.70–96.90. |
| Support | ₹95.90–96.00 | Break gives rupee relief. |
🔍 Key Market Drivers
- The Trigger: US payrolls rose only 29,000 last week, keeping October Fed hike bets in check.
- Market Pulse: Treasury yields near 5.3% keep the dollar firm.
- Your Money: Waiting for a big drop has not paid.
- The Trigger: Gold is range-bound after losing over 6% in September.
- Market Pulse: Spot holds around $4,120–4,140.
- Your Money: Compare city quotes.
- The Trigger: Kpler data show Hormuz flows topped pre-war levels in September.
- Market Pulse: Brent still trades near $100.50–100.80.
- Your Money: Oil near $100 backs the case for a hike.
- The Trigger: The RBI committee meets until Wednesday.
- Market Pulse: 8 of 10 economists in a Business Standard poll expect 25 bps; SBI Research sees a possible December follow-up.
- Your Money: A hike would lift EMIs and deposit rates.
🌏 Asia FX Watch: SGD, CNY and JPY to INR
| Currency | Rate in INR | ₹ for 1,000 units | Note |
|---|---|---|---|
| Singapore dollar (SGD) | ₹75.15–75.30 | ₹75,150–75,300 | Steady |
| Chinese yuan (CNY) | ₹14.35–14.38 | ₹14,350–14,380 | Steady |
| Japanese yen (JPY) | ₹0.609–0.611 | ₹609–611 | Soft (about ₹60.90–61.10 per ¥100) |
These crosses follow USD/INR and each currency's move against the dollar. See our conversion tables.
🌍 Send Money to India: US, Singapore, Germany, China and Japan Rates
| Scenario | USD/INR | ₹ received for $10,000 |
|---|---|---|
| Near support | ₹95.95 | ₹9,59,500 |
| Current level | ₹96.33 | ₹9,63,300 |
| Resistance | ₹96.45 | ₹9,64,500 |
The support-to-resistance gap is only about ₹5,000 on $10,000, while a 2% provider spread costs roughly ₹19,300. Compare providers with our forex calculators and TCS calculator.
- United States (USD to INR): Near ₹96.30–96.35.
- Singapore (SGD to INR): Near ₹75.15–75.30.
- Germany (EUR to INR): Near ₹108.20–108.45.
- China (CNY to INR) and Japan (JPY to INR): See the Asia table.
- Hong Kong, Sweden and the UK (HKD, SEK, GBP to INR): Not tabled. HKD follows USD/INR via its dollar peg. Try our live converter or all rates page.
🔮 Today's Outlook
Tuesday looks quiet. A 25 bps hike would probably support the rupee briefly, and any December hint matters as much. A hold with oil near $100 could push the pair toward ₹96.40–96.50. Follow our live charts and economic calendar.
❓ Quick FAQs
How many rupees is $1,000 today?
At ₹96.30–96.35, $1,000 converts to about ₹96,300–96,350 at mid-market, before provider fees.
How many rupees is S$1,000 or €1,000 today?
S$1,000 is about ₹75,150–75,300 and €1,000 about ₹1,08,200–1,08,450 at mid-market, before provider fees.
What time is the RBI decision and will it raise rates?
The RBI announces at 10:00 AM IST on 7 October (12:30 AM ET, 12:30 PM Singapore). 8 of 10 economists in a Business Standard poll expect a 25 bps hike to 5.50%.
Disclaimer: Rates are indicative mid-market levels and not investment advice.
Confirm bank rates before sending money.
