1 US Dollar = ₹96.5500
Live USD to INR exchange rate, updated every minute. Historical Dollar to Rupee chart and currency converter.
23 Jul 2026 · Source: Yahoo Finance (USDINR=X)
USD to INR Exchange Rate Chart
USD to INR Converter
How much is $1, $100, $1000 in Indian Rupees today?
| USD Amount | INR Value (today) |
|---|---|
| $1 | ₹96.55 |
| $5 | ₹482.75 |
| $10 | ₹965.50 |
| $50 | ₹4,827.50 |
| $100 | ₹9,655.00 |
| $500 | ₹48,275.00 |
| $1,000 | ₹96,550.00 |
| $5,000 | ₹482,750.02 |
| $10,000 | ₹965,500.03 |
USD/INR Exchange Rate — 5-Day History
| Date | 1 USD = INR | Change |
|---|---|---|
| 23 Jul 2026 | ₹96.5500 | Up 0.2091 |
| 21 Jul 2026 | ₹96.3409 | Down 0.1487 |
| 20 Jul 2026 | ₹96.4896 | Up 0.2048 |
| 19 Jul 2026 | ₹96.2848 | Down 0.3674 |
| 16 Jul 2026 | ₹96.6522 | Flat 0.0000 |
USD to INR Exchange Rate — Complete Guide
The USD/INR exchange rate is one of the most tracked currency pairs in India. The Indian Rupee’s value against the US Dollar affects everything from petrol prices and gold rates to import costs, IT sector earnings, and stock market performance. The Reserve Bank of India (RBI) intervenes periodically in the forex market to prevent excessive volatility in the Rupee-Dollar rate, without targeting a specific exchange rate level.
What Moves the USD/INR Rate?
The Rupee-Dollar rate is primarily driven by India’s trade balance (current account deficit), capital flows (FII/FDI), crude oil prices, RBI monetary policy, US Federal Reserve interest rate decisions, and broader global risk sentiment. When US interest rates rise, dollar-denominated assets become more attractive, causing capital outflows from India and Rupee depreciation. Conversely, strong FII inflows into Indian equities or a fall in crude prices tends to support the Rupee.
How USD/INR Affects Gold Prices in India
Gold is priced globally in US Dollars. When you check the gold rate in India, the INR price is derived by converting the international USD gold price at the current Dollar-Rupee rate. A weaker Rupee means you pay more rupees for the same amount of gold — even if the global USD gold price hasn’t changed. This is why gold prices in India can rise on days when the Rupee depreciates, even if international gold markets are flat. Over the long term, Rupee depreciation has amplified gold’s returns for Indian investors compared to dollar-terms investors.
USD/INR and the Indian Economy
India’s IT and technology sector — which earns revenues largely in USD from US clients — benefits from Rupee depreciation, as the same dollar revenues translate into more rupees. Conversely, industries that import raw materials (oil, coal, edible oils, electronics components) face higher costs when the Rupee weakens. The net effect on India’s economy of a weaker Rupee is generally negative due to the country’s structural current account deficit driven by energy imports.
FAQ
What is today’s USD to INR exchange rate?
Today’s USD/INR rate is ₹96.5500 per US Dollar as of 23 Jul 2026. The rate is updated every minute on this page from Yahoo Finance real-time data.
How does the RBI manage the Rupee?
The RBI does not target a specific USD/INR level but intervenes through open market operations — buying or selling dollars — to reduce excessive volatility. The RBI also uses forward contracts and swaps to manage dollar liquidity in the market. India’s forex reserves (typically USD 600–680 billion) give the RBI significant capacity to defend the Rupee in periods of intense pressure.
Why does a weak Rupee raise gold prices in India?
Gold is globally traded in USD. When the Rupee weakens, it takes more rupees to buy the same USD-denominated quantity of gold. If 1 USD = ₹84 and gold is $2,000/oz, it costs ₹1,68,000/oz. If the Rupee falls to ₹86, the same gold costs ₹1,72,000/oz — a 2.4% increase purely from currency movement, with no change in the global gold price.