According to the latest data of today 20 February 2026, the Indian Rupee is maintaining its hold in the global market. The good news for Indians working in Gulf countries is that the rupee has seen little movement against major currencies. There is not much volatility in the market due to the activism of the Reserve Bank of India (RBI) and the strong position of the country’s foreign exchange reserves. If you are thinking of sending money to India, it would be beneficial for you to take a look at today’s rates.
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Latest rates of major currencies today 20 February 2026
The table below gives today’s mid-market rates. Keep in mind that there is a slight difference between bank transfer rates and interbank rates. Generally, banks may charge a difference of 0.5% to 2%. A slight rise in the dollar and dirham has been seen in the last 24 hours, which is a good sign for those sending money.
Currency Indian Rupee (INR) Change (24 hours) USD to INR (US Dollar) ₹91.02 – ₹91.14 +0.50% AED to INR (UAE Dirham) ₹24.77 – ₹24.83 +0.36% SAR to INR (Saudi Riyal) ₹24.19 – ₹24.32 +0.52% KWD to INR (Kuwaiti Dinar) ₹297.17 – ₹298.15 +0.33%
New rules and work of RBI
It is important for migrants to know not only the rates but also the rules. Recently on 19 February 2026, RBI has issued new guidelines for foreign exchange transactions, which will ease the functioning of banks. Moreover, India’s foreign exchange reserves have reached close to $723.8 billion, which is helping to keep the rupee from falling.
Remittance Limit: There is no upper limit for personal remittances under the RDA route, whereas up to $2,500 can be sent at a time through MTSS. Expert Advice: Experts believe that the central bank under the leadership of RBI Governor Sanjay Malhotra is supplying the dollar at the level of 90.70–90.80 to keep the rupee stable. Tip: When sending money, it is cheaper to use online platforms like Wise or Remitly instead of banks, as the fees are lower.
