INR black market rate on Sep 8, 2026: 102 per USD
On Tuesday, September 8, 2026, the US dollar traded at about 102 INR on India's parallel (black) market at the close of observations. The day opened at 102 INR, reached a high of 102.9 and a low of 101.92, a trading range of 0.98 INR (0.96%).
Across 288 observations, the average price to buy dollars was 102.21 INR and the average price received when selling dollars was 102.89 INR. Over the session the Indian Rupee was broadly flat against the dollar (0.00% from open to close).
Official rate vs black market rate on Sep 8, 2026
The official exchange rate published for India on this date was 94.54 INR per USD. The parallel-market close of 102 INR therefore implied a premium of +7.89% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Sep 8, 2026 compares
Compared with the previous observed day (Sep 7, 2026, close 102 INR), the rate moved 0.00%.
One week earlier (Sep 1, 2026) the close was 103 INR, so the weekly change was -0.97%.
Thirty days earlier (Aug 9, 2026) the close was 102.36 INR, a -0.35% move over the month.
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 Sep 8, 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 Sep 8, 2026?
- The USD to INR parallel market rate closed at approximately 102 INR per US dollar on Tuesday, September 8, 2026, after trading between 101.92 and 102.9 INR.
- How much did the INR move against the dollar that day?
- From an open of 102 to a close of 102 INR, the parallel rate moved 0.00% on Sep 8, 2026.
- What was the gap between the official and black market INR rate on that date?
- The official rate was 94.54 INR per USD versus a parallel close of 102 INR, a premium of +7.89%.
- Was the INR black market rate higher or lower than the day before?
- Higher: the previous observed close was 102 INR on Sep 7, 2026, a change of 0.00%.
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.