As per the Income-tax Rules, 1962, the rate of exchange used for reporting all foreign income/assets should be the telegraphic transfer (TT) buying rate adopted by the State Bank of India (SBI). The SBI publishes these rates online for any given day. However, it does not maintain a historical archive of the rates. This website aims to independently maintain a historical archive of the official forex rates published daily by the SBI, from 1st January 2022 onwards. These rates are taken from the "To be used as reference rates" section of the SBI publication.
DATE 02/07/2025
CURRENCY TT BUY TT SELL BILL BUY BILL SELL FTC BUY FTC SELL CN BUY CN SELL PC BUY
USD/INR 85.2 86.05 85.13 86.22 85.13 86.22 84.15 86.5 N/A
EUR/INR 99.76 102.3 99.67 102.5 99.67 102.5 98.25 102.85 N/A
GBP/INR 116.4 119.07 116.25 119.3 116.25 119.3 114.6 120.25 N/A
JPY/INR 58.93 60.36 58.88 60.48 58.88 60.48 56.15 62.75 N/A
Note: JPY/INR is quoted in terms of 100 FC units.