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    Compare Reserve Bank of India Exchange Rates

    Exchange Rates aren't all the same! Its hard to predict the currency markets but you can always save money by comparing Reserve Bank of India margins and fees to those charged by your bank or FX provider.

    Reserve Bank Of India

    The Reserve Bank Of India (RBI) is the central bank of India. The role of central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.

    Interest rates, inflation, and exchange rates are all intrinsically linked. When the RBA manipulates interest rates this impacts both the inflation in India and also the relative value of the Indian rupee compared to other currencies.

    RBI Recent Interest Rate Decisions:

    The RBI in early August announced a rate hike of 50 basis points to 5.40 per cent, the highest interest rate level in India since 2019.

    Read our guide to the Relationship between Interest Rates and Currencies.

    Exchange rates published by Central Banks such as the Reserve Bank of India are the latest interbank mid-market exchange rates, here are some of the most popular INR exchange rates:

    Indian rupee to US dollar

    INR to USD at 0.012579 is 1.2% below its 90-day average 0.012726 with range 0.012495-0.012927.
    INR to USD
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    US dollar to Indian rupee

    USD to INR at 79.49 is 1.1% above its 90-day average 78.59 with range 77.36-80.03.
    USD to INR
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    Indian rupee to Australian dollar

    INR to AUD at 0.018050 is 1.2% below its 90-day average 0.018265 with range 0.017789-0.018841.
    INR to AUD
    Indian rupee to Canadian dollar

    INR to CAD at 0.016197 is 1.1% below its 90-day average 0.016369 with range 0.016067-0.016851.
    INR to CAD
    Indian rupee to Euro

    INR to EUR at 0.012287 is just above its 90-day average 0.012232 with range 0.011965-0.012536.
    INR to EUR
    Indian rupee to Pound Sterling

    INR to GBP at 0.010401 is near its 90-day average 0.010411 with range 0.010192-0.010692.
    INR to GBP
    Indian rupee to United Arab Emirates dirham

    INR to AED at 0.046205 is 1.2% below its 90-day average 0.046743 with range 0.045895-0.047482.
    INR to AED
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    Indian rupee to Indonesian rupiah

    INR to IDR at 186.8 is just 0.7% below its 90-day average 188.2 with range 185.5-190.3.
    INR to IDR
    Indian rupee to Malaysian ringgit

    INR to MYR at 0.056067 is just below its 90-day average 0.05621 with range 0.055596-0.056885.
    INR to MYR
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    You Can Save Money when you Compare Reserve Bank of India Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction versus Reserve Bank of India market mid-rates. It is easy to calculate any savings available from popular market-leading FX providers.


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