On 4 November 2026, SBI's TT buying rate for the US dollar stands at 94.25 rupees per unit. The rupee has firmed marginally against the dollar, with the rate easing from 94.32 on 3 November 2026.
By the numbers: On 4 November 2026, SBI’s telegraphic transfer (TT) buying rate for the US Dollar is ₹94.25 — 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 4 November 2026.
SBI TT buying rate today — the four currencies most ITRs need (4 November 2026)
| Currency | TT Buy | INR per 1 unit | Change vs 3 November 2026 |
|---|---|---|---|
| USD | 94.25 | ₹94.25 | ▼ 0.07 |
| EUR | 104.98 | ₹104.98 | ▲ 0.35 |
| GBP | 125.95 | ₹125.95 | ▲ 0.41 |
| JPY (per 100) | 59.32 | ₹0.5932 | ▼ 0.0002 |
"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
Revised card: SBI reissued its rate card later on 4 November 2026; the figures below reflect the latest card of the day.
Today's movements show mixed trends across major currencies: while the dollar, Australian dollar, Singapore dollar, dirham and yen softened slightly, the euro, pound and Swiss franc strengthened against the rupee. For taxpayers converting foreign income into rupees to report in their income-tax return, Rule 115 (carried forward as Rule 206 under the Income-tax Act, 2025 from FY 2026-27 onwards) prescribes using the SBI TT buying rate on the specified date—typically the payment or receipt date—to compute taxable income. These daily rate shifts can therefore alter the final rupee figure that appears in your ITR, especially for freelancers, exporters and NRIs receiving remittances.
SBI FOREX card rates for 4 November 2026 — full table
All figures are from SBI’s official FOREX CARD RATES sheet (card time 10:51 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 | 94.25 | 95.10 | 94.18 | 95.27 | ₹94.25 | ▼ 0.07 |
| EUR Euro | 104.98 | 107.65 | 104.90 | 107.84 | ₹104.98 | ▲ 0.35 |
| GBP British Pound | 125.95 | 128.81 | 125.86 | 129.04 | ₹125.95 | ▲ 0.41 |
| JPY Japanese Yen (per 100) | 59.32 | 60.62 | 59.27 | 60.73 | ₹0.5932 | ▼ 0.0002 |
| CHF Swiss Franc | 114.01 | 117.90 | 113.92 | 118.11 | ₹114.01 | ▲ 0.32 |
| AUD Australian Dollar | 64.89 | 67.19 | 64.84 | 67.31 | ₹64.89 | ▼ 0.22 |
| CAD Canadian Dollar | 66.98 | 68.56 | 66.93 | 68.68 | ₹66.98 | ▲ 0.04 |
| SGD Singapore Dollar | 73.05 | 74.88 | 73.00 | 75.01 | ₹73.05 | ▼ 0.06 |
| AED UAE Dirham | 25.15 | 26.43 | 25.13 | 26.48 | ₹25.15 | ▼ 0.02 |
| SAR Saudi Riyal | 23.96 | 26.58 | 23.95 | 26.63 | ₹23.96 | ▲ 0.02 |
📄 Download the official SBI rate card PDF for 4 November 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 telegraphic transfer buying rate for the US dollar on 4 November 2026 is 94.25 rupees per unit. This is the rate you must use for income-tax purposes when converting dollar receipts on this date.
Why does my ITR need the SBI TT buying rate and not a Google rate?
Rule 115 (and Rule 26 in some older references), carried forward as Rule 206 and Rule 207 under the Income-tax Act, 2025 regime from FY 2026-27, explicitly point to SBI's telegraphic transfer buying rate as the prescribed exchange rate for tax computations. Google or market aggregators show indicative mid-market or sell rates, which do not satisfy the statutory requirement for your ITR.
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.
