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USD to INR Rates - 2026 Forecast

Analysis of recent dollar → rupee forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to Indian rupee performance and trends.

 

USD/INR Outlook:

The USD/INR is slightly positive but likely to move sideways as it trades near 14-day highs, just above its recent average. This is consistent with forecasts from HSBC, which anticipates INR stability due to strong growth and RBI intervention.

Key drivers:

• Rate gap: The US Federal Reserve's cautious stance contrasts with the Reserve Bank of India's continued growth focus, supporting the USD.

• Risk/commodities: Geopolitical uncertainty is bolstering demand for the USD as a safe haven, while fluctuations in oil prices could influence the INR further.

• One macro factor: Recent US jobless claims rise, lower than expected, that suggests a labor market maintaining strength, which supports the USD.

Range:

The pair is expected to drift within its recent 3-month range of 89.35 to 92.05.

What could change it:

• Upside risk: A significant drop in inflation from the upcoming US producer price index could boost USD further.

• Downside risk: An unexpected spike in oil prices might weaken the INR against the USD.

USD-INR Rate Calculator

 
   
   
   
   
 
   
 
 

USD to INR Market Data

US dollar (USD) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy INR
1 USD =
91.08We compare provider deals to this wholesale mid-market rate. Read more
INR
1d+0.1%
14dHighs
USD to INR is at 14-day highs near 91.08, just 0.7% above its 3-month average of 90.49, having traded in a very stable 3.0% range from 89.35 to 92.05
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Compare & Save - US dollar to Indian rupee

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Indian rupee (INR) rates from different sources before making a conversion.

Use our USD to INR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Rupee currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Indian rupee?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs Indian rupee current value is to look the USD/INR historic rate and change over a range of periods.

The following table looks at the change in the USD to INR exchange rate over periods from the previous week back to the last 10 years.

DateUSD/INRChangePeriod
13 Feb 2026
90.56
0.4% 2 Week
29 Nov 2025
89.35
1.8% 3 Month
27 Feb 2025
87.33
4.1% 1 Year
28 Feb 2021
73.69
23.4% 5 Year
01 Mar 2016
67.86
34% 10 Year
04 Mar 2006
44.12
106.1% 20 Year
USD/INR historic rates & change to 27-Feb-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/INR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more