SBI Forex Rate Card - 01

17 August 2026: SBI TT Buying Rate & Forex Card Rates Today — USD, EUR, GBP, JPY

Quick Answer

On 17 August 2026, SBI's TT buying rate is ₹95.10 for USD, ₹109.30 for EUR, ₹128.00 for GBP and ₹59.40 per 100 JPY — the rates Rule 115 (new Rule 206 under the Income-tax Act, 2025) uses to convert foreign income for Indian ITRs when this is the specified date.

On 17 August 2026, SBI's TT buying rate for the US dollar stands at 95.10 rupees per unit. This represents an increase from the previous card dated 14 August 2026, when the rate was 95.00 rupees per unit.

By the numbers: On 17 August 2026, SBI’s telegraphic transfer (TT) buying rate for the US Dollar is ₹95.10 — the exact rate Rule 115 of the Income-tax Rules, 1962 (carried forward as Rule 206 under the Income-tax Act, 2025 from FY 2026-27) prescribes for converting foreign income of this specified date into rupees. Source: Income Tax Department (Rule 115, Income-tax Rules 1962 — new Rule 206 from FY 2026-27); rates from SBI’s official FOREX CARD RATES sheet of 17 August 2026.

SBI TT buying rate today — the four currencies most ITRs need (17 August 2026)

CurrencyTT BuyINR per 1 unitChange vs 14 August 2026
USD95.10₹95.10▲ 0.1
EUR109.30₹109.30▲ 0.6
GBP128.00₹128.00▲ 0.7
JPY (per 100)59.40₹0.5940▲ 0.0017
"The TT buying rate on the Rule 115 specified date (Rule 206 under the new Income-tax Act, 2025) — not the day you were paid, and never a Google rate — is the figure that goes into your return." — CA Juber Attar, TaxFetch e-CA Tax Expert

Today's upward movement in the rupee cost of foreign currencies means that taxpayers converting overseas earnings will report slightly higher rupee equivalents for their foreign income when filing returns. Under Rule 115 of the Income-tax Rules, 1962 (which becomes Rule 206 under the Income-tax Act, 2025 from FY 2026-27 onwards), taxpayers must use the SBI TT buying rate prevailing on a specified date to convert foreign receipts for ITR purposes. The modest rise in rates across major currencies today – including the euro at 109.30, pound sterling at 128.00, and Australian dollar at 66.62 – will marginally increase the taxable income figures declared in rupees.

SBI FOREX card rates for 17 August 2026 — full table

All figures are from SBI’s official FOREX CARD RATES sheet (card time 9:14 AM IST). JPY is quoted per 100 units, so divide the card figure by 100 for the per-yen rate — the INR-per-1-unit column below already does this.

CurrencyTT BuyTT SellBill BuyBill SellINR per 1 unitDay change
USD US Dollar95.1095.9595.0396.12₹95.10▲ 0.1
EUR Euro109.30111.98109.19112.17₹109.30▲ 0.6
GBP British Pound128.00130.88127.90131.11₹128.00▲ 0.7
JPY Japanese Yen (per 100)59.4060.6959.3660.80₹0.5940▲ 0.0017
CHF Swiss Franc115.70119.67115.62119.88₹115.70▲ 0.4
AUD Australian Dollar66.6268.9566.5869.07₹66.62▲ 0.43
CAD Canadian Dollar68.0869.7068.0369.82₹68.08▲ 0.35
SGD Singapore Dollar73.8375.6873.7875.81₹73.83▲ 0.2
AED UAE Dirham25.3826.6725.3626.71₹25.38▲ 0.03
SAR Saudi Riyal24.2726.9524.2627.00₹24.27▲ 0.07

📄 Download the official SBI rate card PDF for 17 August 2026 — the dated card, exactly as SBI published it, from the TaxFetch archive (free, no sign-in needed). Keep it with your ITR working papers.

What is SBI’s TT buying rate for USD today?

SBI's TT buying rate for USD on 17 August 2026 is 95.10 rupees per US dollar. This is the rate you should use if this date is the specified conversion date for your income-tax return calculations.

Why does my ITR need the SBI TT buying rate and not a Google rate?

Rule 115 of the Income-tax Rules, 1962 (carried forward as Rule 206 under the Income-tax Act, 2025 from FY 2026-27) and Rule 26 (carried forward as Rule 207 under the new Act) prescribe SBI's telegraphic transfer buying rate as the official reference rate for converting foreign currency receipts into rupees for tax purposes. Google and other aggregator rates are market indicative rates and are not the statutory benchmark recognised by Indian tax law.

Which date’s rate should I actually use?

Rule 115 fixes a specified date per income type — and the same specified dates carry forward as Rule 206 of the Income-tax Rules, 2026 under the Income-tax Act, 2025 (income of FY 2026-27 onward). In short: FY 2025-26 and earlier returns cite Rule 115; FY 2026-27 onward cite Rule 206 — the rate itself is SBI’s TT buying rate either way. Per income type — for foreign salary and RSU/ESOP perquisites it is the last day of the month before the month the income fell due; for capital gains, the last day of the month before the month of transfer; Schedule FA closing balances take the 31 December rate. Our free SBI TTBR lookup tool works the date rule out for you, steps back to the last published card when SBI issued none, and shows the archive back to January 2020 with every original PDF.

About the Author

CA Juber Attar

CA Juber Attar

Founder of TaxFetch India

CA Juber Attar is a Chartered Accountant by profession and the founder of TaxFetch India. He has deep expertise in income tax, GST, TDS/TCS and compliance for Indian individuals and businesses, and writes to make India's complex tax rules simple, accurate and genuinely actionable.

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