Currency Exchange Rate Today: INR Compared to USD, Euro, Taka, PKR, and Ruble
The rupee spent the day doing what steady currencies do, moving a little, never wildly. Dealers chalk it up to the usual mix for this season: foreign fund flows, crude prices edging around their range, and a market that isn’t in the mood for drama. Net result: INR held its line, with only small slips and gains across the board. Find updated rates and what’s driving market sentiment as part of the Current News in India.
Below is a simple snapshot of how INR stacked up today against the majors. These are indicative mid-market levels; what your bank or card shows will include a spread.
Today’s Exchange Snapshot (as of today)
Let’s explore where the rupee currently stands relative to key currencies:
1 USD = ₹87.83 – The Indian Rupee is just below ₹88, experiencing slight pressure but not significant volatility.
1 EUR = ₹102.19 – The INR-euro pairing is close to unchanged; as sentiment is even between the two parties.
1 BDT (Taka) = ₹0.67 – The rupee continues to trade at a premium to the Bangladeshi Taka, meaning India imports from Bangladesh remain cheap.
1 PKR = ₹0.31 (approximately ₹1 = PKR 3.17) – The Pakistani Rupee continues to decline against the rupee, amid high inflation and low foreign exchange reserves.
1 RUB = ₹1.09 (approximately ₹1 = RUB 0.918) – The INR-RUB pair remains roughly balanced and reflects stable trade levels between India and Russia.
Why These Rates Move
Currencies don’t change for one reason; they change for many small reasons at once:
- Crude oil: India buys most of what it burns. When oil jumps, INR tends to soften; when it cools, INR gets breathing space.
- Rates and returns: If U.S. or European yields look more attractive, global money chases them. That can pull funds out of emerging markets and nudge INR weaker. The opposite is true when risk appetite swings back.
- Trade and flows: A good export month or steady FPI/FDI inflows keep the bid under INR; heavy import bills or outflows do the reverse.
- Geopolitics and seasonality: A flare-up, a sanction headline, or even quarter-end hedging can move the needle for a day or two.
What It Means for Travellers and Businesses
Planning a trip, paying tuition, or sending money abroad? Today’s levels say the rupee is holding its ground. A firmer INR helps travellers and importers; a slightly softer INR often helps exporters price more keenly overseas. Check a live rate right before you convert, and look at the all-in price (rate + fee + any card markup). A small difference on the screen can turn into real money on a big transfer.
