SBI TT Buying Rate (USD) — Daily & Month-End Rates 2020–2026

Rule 115 of the Income-tax Rules: the SBI telegraphic transfer (TT) buying rate on the last day of the month immediately preceding the month of the event. For an RSU vesting on 15 June 2025, use the rate for 31 May 2025. For a sale, use the rate for the month-end before the month of sale; for dividends, the month-end before the month the dividend is paid.

Schedule FA values are converted at the SBI TT buying rate on the relevant date itself: the date of acquiring the asset for the initial value, the peak date for the peak value, and 31 December for the closing balance. For calendar year 2025, the 31-Dec-2025 rate is ₹89.47.

On Sundays and bank holidays SBI publishes no card. Use the rate from the last card published before that date — the lookup on this page does that automatically and tells you which card date it used.

SBI publishes Forex Card Rates every working day. These are from the card SBI labels “To be used as reference rates” (the ₹10–20 lakh slab), which has been the only card since December 2023. Our month-end rates from 2022 were each checked against SBI's original PDF.

Yes — the ESOP / RSU / ESPP Tax Toolkit has every one of these rates built in and calculates the perquisite, capital gains, foreign tax credit and Schedule FA for you, ready to type into ITR-2.