USD to INR Today ₹96.25 as RBI Meeting Opens 5 Oct 2026
USD to INR Today (5 Oct 2026): ₹96.25 as RBI Meeting Opens
Last updated: 5 October 2026, 11:05 AM IST | 1:35 AM ET
ASIA FX WATCH: The rupee opened Monday near ₹96.22–96.25 per dollar, a shade weaker than Friday's ₹96.13–96.16 close, as the RBI began its three-day policy meeting. Spot gold trades around $4,130–4,150 an ounce. India 24K gold is quoted near ₹1,49,000–1,50,100 per 10 grams, and Brent has eased to the $98.50–102 range. Economists widely expect a 25 bps hike on Wednesday 7 October, so US readers will see any move overnight. Track it on our live USD/INR chart.
- USD/INR is near ₹96.22–96.25, with support at ₹95.90–96.00 and resistance at ₹96.30–96.40.
- Brent has eased to $98.50–102, but oil near $100 still weighs.
- Economists widely expect a 25 bps RBI hike to 5.50% on 7 October, the first since February 2023.
Brent has come off last week's peaks and trades in a $98.50–102 band this morning. That trims one pressure point on India's import bill, though crude near $100 still weighs on the rupee.
Spot gold holds around $4,130–4,150 an ounce. Delhi and other metro 24K quotes cluster near ₹1,49,000–1,50,100 per 10 grams, and global prices remain the main driver.
The RBI MPC began its three-day meeting, with the decision due Wednesday. Remitters who want certainty can compare locked-rate quotes today.
A hike is widely expected, so a hold on Wednesday would be the bigger surprise for the rupee.
📊 USD to INR Today: Live Market Snapshot
| Currency / Asset | Current Level | Bias | Source |
|---|---|---|---|
| USD to INR | ₹96.22–96.25 | Holding near 96.25 | TradingEconomics, Xe |
| SGD to INR | ₹75.10–75.25 | Steady | Xe |
| EUR to INR | ₹108.15–108.40 | Soft | Xe |
| AED to INR | ₹26.18–26.23 | Tracks USD | Xe |
| CNY to INR | ₹14.34–14.37 | Steady | Xe |
| JPY to INR | ₹0.608–0.610 | Soft | Xe |
| Brent Crude | ~$98.50–102 / bbl | Softer | OilPrice.com, Investing.com |
| Gold Spot | $4,130–4,150 / oz | Range-bound | USAGold, GoldPrice.com |
| India 24K Gold | ₹1,49,000–1,50,100 / 10g | Steady | Goodreturns, Financial Express |
📐 Technical Levels to Watch
| Zone | USD/INR | What it means |
|---|---|---|
| Resistance | ₹96.30–96.40 | Near-term ceiling. |
| Breakout zone | Above ₹96.40 | Opens room toward ₹96.60–96.80. |
| Support | ₹95.90–96.00 | A clean break below gives the rupee breathing room. |
🔍 Key Market Drivers
- The Trigger: Soft US payrolls (29,000 jobs) cooled October Fed hike bets.
- Market Pulse: Treasury yields stay near 5.3%, so the dollar holds its ground.
- Your Money: Waiting has not paid yet.
- The Trigger: Gold is range-bound after losing more than 6% in September.
- Market Pulse: Spot holds in the $4,130–4,150 zone.
- Your Money: City rates vary.
- The Trigger: Brent has come off its recent highs.
- Market Pulse: It trades in a $98.50–102 band this morning.
- Your Money: Lower oil eases pressure on the rupee and inflation.
- The Trigger: The RBI began its three-day meeting today; decision due Wednesday 7 October.
- Market Pulse: Economists, including SBI Research, expect 25 bps to 5.50%, the first hike since February 2023.
- Your Money: A hike would lift EMIs and deposit rates, and could give the rupee short-term support.
🌏 Asia FX Watch: SGD, CNY and JPY to INR
| Currency | Rate in INR | ₹ for 1,000 units | Note |
|---|---|---|---|
| Singapore dollar (SGD) | ₹75.10–75.25 | ₹75,100–75,250 | Steady |
| Chinese yuan (CNY) | ₹14.34–14.37 | ₹14,340–14,370 | Steady |
| Japanese yen (JPY) | ₹0.608–0.610 | ₹608–610 | Soft (about ₹60.80–61.00 per ¥100) |
CNY/INR and JPY/INR are usually derived from the dollar pair, so the rupee's move against the dollar sets the tone for both. See our conversion tables and live converter for other amounts.
🌍 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 | ₹96.25 | ₹9,62,500 |
| Resistance | ₹96.35 | ₹9,63,500 |
The support-to-resistance gap is only about ₹4,000 on $10,000. A typical 2% spread costs roughly ₹19,250, so shopping rates beats timing a ₹0.20 move. Use our forex calculators and TCS calculator.
- United States (USD to INR): Near ₹96.22–96.25. $1,000 converts to about ₹96,250 before fees.
- Singapore (SGD to INR): Near ₹75.10–75.25. The S$ quote also depends on USD/SGD.
- Germany (EUR to INR): Near ₹108.15–108.40.
- China (CNY to INR): Near ₹14.34–14.37. See Asia FX Watch.
- Japan (JPY to INR): Near ₹0.608–0.610, or about ₹60.80–61.00 per ¥100. See our conversion tables.
🔮 Today's Outlook
Monday looks quiet; the real event is Wednesday's RBI decision. A hike would likely support the rupee briefly, while a hold with oil near $100 could revive a test of ₹96.40. Track levels on our rate charts and economic calendar.
❓ Quick FAQs
How many rupees is $1,000 today?
At ₹96.22–96.25, $1,000 converts to about ₹96,220–96,250 at mid-market, before provider fees.
How many rupees is S$1,000 today?
At ₹75.10–75.25 per Singapore dollar, S$1,000 converts to about ₹75,100–75,250 at mid-market, before provider fees.
How many rupees is €1,000 today?
€1,000 is about ₹1,08,150–1,08,400 at mid-market, before provider fees.
How many rupees is ¥1,000 (yen) or CN¥1,000 (yuan) today?
¥1,000 yen is about ₹608–610 and CN¥1,000 yuan about ₹14,340–14,370 at mid-market, before provider fees.
Will the RBI raise rates on 7 October?
Economists widely expect a 25 bps hike to 5.50%, the first since February 2023. The decision comes Wednesday.
→ USD/INR update, 29 September 2026
→ Remittance Intelligence
→ Currency exchange guide
Disclaimer: Rates are indicative mid-market levels and not investment advice.
Bank rates include spreads and fees, so confirm the final rate before sending money.
