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Exchange Rate Forecast For USD/INR

Current Quarter Data

Provider Name 3Q25 4Q25 1Q26 2Q26 3Q26 4Q26 1Q27 2Q27 3Q27 4Q27 1Q28 2Q28
ANZ 88 88 90 90.3 90.7 91.3 91.5 91.5 91.5 91.5
Bank of America 86 88 87 87 86.5 86 86 86 86 86
Barclays 86.5 88.5 89.5 90.5 91.5 92
Commerzbank 87 87.5 87.5 88 88 89 89 89 89.5 90
Credit Agricole 85 89 89.5 90 90 89.5 89 88.5 88 88
Danske Bank 87 89 88 89.3 90
Goldman Sachs 84.5 87.5 89.5 91 86 91
HSBC 88.8 90 88 88.5 89 90
ING 88.5 89.5 88.5 88 87.5 87.5
Julius Baer 88.5 88.1667 87.8333 87.5
Morgan Stanley 84.1 83.1 87.1 86.7 87.6 88.4 87.1 85.9 84.8 83.8
MUFG 84.5 88.9 89.5 90.2 90.8 90.8
Natixis 88.27 89.5 90 89.8 89.6 89.4 89.2 89.2
OCBC 85.5 89 89 88.8 88.6 88.5
RBC 88.25 88.5 90 90.25 90.25 90.5 90.5 90.75 90.75 91
Scotiabank 85 88 87.9 87.9 87.9 88 87.9 87.8 87.6 87.5
SEB 86 86.5 88 88.5 89 89.5
Societe Generale 88.1 86.5 86 86.5 86.8
TD Securities 87 87 85 83 82.5 82 81.75 81 81.25 81
UBS 85 86.5 87 87.5 88 88
Wells Fargo 86 88.75 89 89.25 89.5 90 90.5
Westpac 85 88 90.37 89 88 86 84 82 80 78 77 76
Provider Name 3Q25 4Q25 1Q26 2Q26 3Q26 4Q26 1Q27 2Q27 3Q27 4Q27 1Q28 2Q28

Exchange Rate Forecast Data

USD/INR 2Q26
(Latest Poll)		 2Q26
(March Poll)		 3Q26
(Latest Poll)		 3Q26
(March Poll)		 4Q26
(Latest Poll)		 4Q26
(March Poll)		 1Q27
(Latest Poll)		 1Q27
(March Poll)		 2Q27
(Latest Poll)		 2Q27
(March Poll)
Median 87.325 88.65 87.63 88.3 87.2 89.2 89 88.15
Mean 86.8742 88.553 87.0196 88.4356 86.1438 88.745 87.8591 87.165
Highest 89.7 91 90.5 91.5 89.5 92 91.5 91.5
Lowest 81.9 83 81.6 82.5 81.3 82 81.75 81

Exchange Rate Forecast Statistics

Provider Name Close
Provider Name Close
Provider Name Close
ANZ 88.5
Bank of America 85
Barclays 88
BNP Paribas 87.65
Commerzbank 87.5
Credit Agricole 86.25
Danske Bank 88
Goldman Sachs 87
HSBC 86
ING 88
JP Morgan 88.5
Morgan Stanley 82.5
MUFG 89.5
Natixis 89
Natwest 87
OCBC 88.2
RBC 88.75
Scotiabank 84.8
SEB 86.88
Societe Generale 86
TD Securities 84
UBS 86
Wells Fargo 88.5
Westpac 87
Provider Name Close
Provider Name Close
ANZ 86.5
Bank of America 83
Barclays 89
BNP Paribas 84.8
Citi 87
Commerzbank 87.5
Credit Agricole 84
Danske Bank 86.8
Goldman Sachs 83.75
HSBC 86
ING 88
JP Morgan 82.5
Julius Baer 89
Morgan Stanley 82.5
MUFG 83.5
Natixis 88.7
Natwest 87.5
OCBC 85
Scotiabank 84.8
SEB 85.88
Societe Generale 86
TD Securities 83.25
Wells Fargo 86
Westpac 84.058
Provider Name Close
Provider Name Close
ANZ 86
Bank of America 86
Barclays 89
BNP Paribas 89
Citi 87
Commerzbank 87.5
Credit Agricole 87
Danske Bank 88
Goldman Sachs 85
ING 89
JP Morgan 89
Julius Baer 89
Morgan Stanley 87.7
Natixis 88.7
Natwest 87.5
OCBC 87.5
Scotiabank 87.6
SEB 88.88
TD Securities 85.63
Wells Fargo 87
Westpac 84
Provider Name Close