Rates shown are mid-market rates — the midpoint between buy and sell prices on global currency markets. Banks and remittance services add a margin, so the rate you receive may differ.
USD/INR movements affect returns on US stocks and global funds.
NRIs can time remittances when the rupee is weak.
Currency diversification can protect long-term purchasing power.
FAQs
Where do the rates come from?
Live rates are fetched from ExchangeRate-API and update regularly. If unavailable, indicative rates are shown.
Can I invest in foreign currencies?
Indian residents can invest overseas under the Liberalised Remittance Scheme, for example in US stocks and ETFs.
Does the rupee's movement matter for investors?
Yes. A weakening rupee raises the INR value of dollar investments, and vice versa.