Here is a summary of foreign exchange rates in India (i.e., how much Indian Rupee, INR, equals one unit of various currencies) as of today, 18 Sep. 2025, along with trends and key influences. It consists of approximate mid-market / interbank rates, actual buy/sell rates at banks or money-changers, which includes markups/spreads. For more updates on currency exchange rate, and current gold rates, checkout India focus daily news.
Current Exchange Rates vs Indian Rupee (INR)
Currency | Code | Approximate Rate INR per 1 unit |
US Dollar | USD | ~ โน87.80-โน88.10 per USD |
Euro | EUR | ~ โน103.80-โน104.40 per EUR |
Emirati Dirham (UAE Dirham / AED) | AED | ~ โน23.78-โน24.10 per AED |
Bangladeshi Taka | BDT | ~ โน1.00 โ 1 INR gives ~3.20 PKR โ not directly BDT to INR here. For USD-BDT, etc., see banks. [BDT-INR rate less commonly quoted] |
British Pound Sterling | GBP | ~ โน121-โน122 per GBP (based on proportional scaling from USD/EUR rates) โ explicit rate not in all sources. |
Pakistani Rupee | PKR | ~ 1 INR โ 3.20 PKR โ so โน1 PKR โ โน0.31 INR (i.e. 1 PKR = about INR 0.31) |
Key Trends & Observations
- USD /INR has been fluctuating. It is trading recently around Rs 87.80 โ Rs 88.10 per US dollar. The rupee has strengthened lately due to expectations of interest rate cuts by the US Federal Reserve. This eventually tends to weaken the USD broadly.
- The rate for Euro to INR is just above Rs 103.80 โ Rs 104.40 for 1 EUR. A slight downward movement was observed recently.
- The Dirham (AED) is relatively stable and weaker (in nominal INR terms) because the AED is pegged to USD broadly; 1 AED ~~ Rs 23.8 โ Rs 24.1
- On comparing the Pakistani Rupee (PKR) with the Indian Rupee, the rate comes out to be at about 3.20 PKR per INR 1, meaning that PKR is much weaker relative to INR.
- British Pound (GBP) commands a higher INR value, consistent in being stronger than USD/EUR in nominal terms though exact recent quotes vary by source.
What Affects These Rates
- US Fedโs interest rate policy: The expectations of cuts or hikes in US interest rates tend to affect USD strength, which in turn influences INR.
- Trade and current account dynamics: There is a greater demand for foreign currency (for importing oil, for example), remittances, capital flows, etc., due to Indiaโs import/export balances.
- Global macro and geopolitical factors: The factors, such as oil prices, global inflation, and geopolitical tensions, have affected the investors who are at risk of investing.
- Domestic policy: RBI interventions, monetary policy, inflation โ all contribute to how INR performs against other currencies.