New price of currency of Gulf countries released, this is the rate of dollar, dinar, dirham and riyal against Indian rupee on January 23.
On January 23, 2026, the new exchange rate of the US dollar against the Indian rupee has been released along with the major currencies of the Gulf countries like UAE Dirham, Kuwaiti Dinar and Saudi Riyal. According to information received from various sources, slight differences have been observed in the prices of these currencies, depending on the time of the day and the source. This report is based on data updated on January 23, 2026.
Exchange rates of major currencies to the Indian Rupee
Following are the latest exchange rates of major foreign currencies against the Indian Rupee. These figures have been updated as of January 23, 2026, based on information received from various sources:
| currency (abbreviation) | Exchange rate in Indian Rupee (approx.) | Main source and time (23 January 2026) |
|---|---|---|
| United Arab Emirates Dirham (AED) | ₹24.94 – ₹25.02 | Xe (₹24.9440 @ 16:14 UTC), BookMyForex (₹25.0157) |
| US Dollar (USD) | ₹91.56 – ₹91.67 | Xe (₹91.5659 @ 03:03 UTC), IBR LIVE (₹91.6709) |
| Kuwaiti Dinar (KWD) | ₹297.98 – ₹299.51 | Xe (₹297.9839 @ 03:03 UTC), BookMyForex (₹299.5114) |
| Saudi Riyal (SAR) | ₹24.50 | According to available data (January 23, 12:09 PM UTC) |
United Arab Emirates Dirham (AED) exchange rate
The mid-market exchange rate of 1 UAE Dirham against the Indian Rupee on January 23, 2026 ranged from approximately Rs 24.94 to Rs 25.02. For example, Xe quoted the price of 1 AED as Rs 24.9440 (16:14 UTC), while on BookMyForex it was recorded as Rs 25.0157.
US Dollar (USD) and Kuwaiti Dinar (KWD)
Similarly, the mid-market exchange rate of 1 US dollar to the Indian rupee on January 23, 2026 was around Rs 91.56 to Rs 91.67. According to Xe, the price of 1 USD was recorded at Rs 91.5659 (03:03 UTC), and IBR LIVE showed its mid-value at Rs 91.6709. Talking about Kuwaiti Dinar, the rate of 1 KWD was around Rs 297.98 to Rs 299.51, with Xe reporting Rs 297.9839 and BookMyForex reporting Rs 299.5114.
Government statistics: import and export rates
According to official government data from the Directorate General of Foreign Trade (DGFT), which is effective from January 18, 2026, different rates were set for import and export of the currency. For example, the import rate of 1 UAE dirham was ₹25.35 and the export rate was ₹23.9. These rates apply for official business transactions.
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