On 31 August 2026, SBI's TT buying rate for the US dollar stood at 95.11 rupees per unit. This represents an increase from the previous card dated 29 August 2026, when the USD TT buying rate was 95.00.
By the numbers: On 31 August 2026, SBI’s telegraphic transfer (TT) buying rate for the US Dollar is ₹95.11 — 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 31 August 2026.
SBI TT buying rate today — the four currencies most ITRs need (31 August 2026)
| Currency | TT Buy | INR per 1 unit | Change vs 29 August 2026 |
|---|---|---|---|
| USD | 95.11 | ₹95.11 | ▲ 0.11 |
| EUR | 109.40 | ₹109.40 | ▲ 0.2 |
| GBP | 128.00 | ₹128.00 | ▲ 0.3 |
| JPY (per 100) | 59.15 | ₹0.5915 | ▲ 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 most major currencies means that foreign income received on this date will convert to slightly more rupees when you report it in your income-tax return. Under Rule 115 of the Income-tax Rules, 1962 (which specifies the SBI TT buying rate on the relevant date for foreign-currency conversion, and is carried forward as Rule 206 under the Income-tax Act, 2025 from FY 2026-27), taxpayers must use these published rates rather than inter-bank or online quotations. The EUR, GBP, JPY, CHF, AUD, CAD and SGD all appreciated against the rupee compared to 29 August 2026, while SAR depreciated and AED saw a marginal rise.
SBI FOREX card rates for 31 August 2026 — full table
All figures are from SBI’s official FOREX CARD RATES sheet (card time 9:11 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.
| Currency | TT Buy | TT Sell | Bill Buy | Bill Sell | INR per 1 unit | Day change |
|---|---|---|---|---|---|---|
| USD US Dollar | 95.11 | 95.96 | 95.04 | 96.13 | ₹95.11 | ▲ 0.11 |
| EUR Euro | 109.40 | 112.10 | 109.31 | 112.30 | ₹109.40 | ▲ 0.2 |
| GBP British Pound | 128.00 | 130.84 | 127.87 | 131.08 | ₹128.00 | ▲ 0.3 |
| JPY Japanese Yen (per 100) | 59.15 | 60.43 | 59.10 | 60.54 | ₹0.5915 | ▲ 0.0017 |
| CHF Swiss Franc | 116.20 | 120.16 | 116.07 | 120.37 | ₹116.20 | ▲ 0.3 |
| AUD Australian Dollar | 67.32 | 69.65 | 67.27 | 69.78 | ₹67.32 | ▲ 0.11 |
| CAD Canadian Dollar | 67.98 | 69.58 | 67.93 | 69.71 | ₹67.98 | ▲ 0.19 |
| SGD Singapore Dollar | 74.14 | 75.99 | 74.08 | 76.12 | ₹74.14 | ▲ 0.21 |
| AED UAE Dirham | 25.38 | 26.67 | 25.36 | 26.72 | ₹25.38 | ▲ 0.02 |
| SAR Saudi Riyal | 24.09 | 26.73 | 24.08 | 26.78 | ₹24.09 | ▼ 0.13 |
📄 Download the official SBI rate card PDF for 31 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 31 August 2026 is 95.11 rupees per US dollar. This is the rate you must use if you received dollar income or realised a capital gain on that date.
Why does my ITR need the SBI TT buying rate and not a Google rate?
Rule 115 (and Rule 26 for capital gains) of the Income-tax Rules, 1962 mandates the use of SBI's telegraphic transfer buying rate on the specified date for converting foreign currency to rupees for tax purposes; these provisions are carried forward as Rule 206 and Rule 207 under the Income-tax Act, 2025 from FY 2026-27. Google and other online rates reflect mid-market or indicative prices, whereas the SBI TT buying rate is the legally prescribed benchmark for ITR filings.
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.
