INR black market rate on Jun 28, 2026: 102.55 per USD
On Sunday, June 28, 2026, the US dollar traded at about 102.55 INR on India's parallel (black) market at the close of observations. The day opened at 102.76 INR, reached a high of 104.13 and a low of 102.23, a trading range of 1.9 INR (1.86%).
Across 288 observations, the average price to buy dollars was 103.26 INR and the average price received when selling dollars was 104.59 INR. Over the session the Indian Rupee strengthened against the dollar (-0.20% from open to close).
Official rate vs black market rate on Jun 28, 2026
The official exchange rate published for India on this date was 94.44 INR per USD. The parallel-market close of 102.55 INR therefore implied a premium of +8.59% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Jun 28, 2026 compares
Compared with the previous observed day (Jun 27, 2026, close 102.76 INR), the rate moved -0.20%.
One week earlier (Jun 21, 2026) the close was 101.07 INR, so the weekly change was +1.46%.
How this daily figure is produced
ETCurrency samples India's USD/INR parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jun 28, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Indian Rupee black market rate on Jun 28, 2026?
- The USD to INR parallel market rate closed at approximately 102.55 INR per US dollar on Sunday, June 28, 2026, after trading between 102.23 and 104.13 INR.
- How much did the INR move against the dollar that day?
- From an open of 102.76 to a close of 102.55 INR, the parallel rate moved -0.20% on Jun 28, 2026.
- What was the gap between the official and black market INR rate on that date?
- The official rate was 94.44 INR per USD versus a parallel close of 102.55 INR, a premium of +8.59%.
- Was the INR black market rate higher or lower than the day before?
- Lower: the previous observed close was 102.76 INR on Jun 27, 2026, a change of -0.20%.
Figures are aggregated parallel-market observations for India in UTC and are indicative only; they are not a quote to trade. See the full USD → Indian Rupee history or today's live rate.