British pound (UK pound, pound sterling, GBP) · updated 3:57 PM IST, 12 Oct 2026
UK Pound rate today
Today's pound rate in India, live from the Matrix Forex desk: the price for notes, on a forex card and by transfer, and what we pay when you sell pounds back.
How the pound moved
The pound against the rupee, day by day: the market's daily reference (European Central Bank), as a change in per cent. Our rates follow the market through the day.
- Mon5 Oct▲+0.16%
- Tue6 Oct▲+0.53%
- Wed7 Oct▼-0.23%
- Thu8 Oct▲+0.07%
- Fri9 Oct▲+0.05%
Ten years of history and the outlook are on the GBP to INR converter.
One pound, four prices
How you take a pound decides what it costs. Each pillar stands as tall as its price on the same rupee scale.
Notes we buy are checked, stored and shipped back.
A bank transfer: nothing physical moves.
Loaded electronically, reloadable from abroad.
Notes are imported, insured, stored and delivered.
Pound price today: what your pounds cost
The same amount, three ways. Cash stops at the per-trip limit; a card or a transfer covers the rest.
Cash limit. Up to the USD 3,000 equivalent as currency notes per trip; the rest goes on a forex card, within the USD 250,000 annual LRS limit.
TCS. Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.
Matrix ForexRupees, rounded · 3:57 PM IST, 12 Oct 2026
| You need | Cash | Forex card | Card saves | Send abroad |
|---|---|---|---|---|
| £75 | ₹9,607 | ₹9,523 | ₹83 | ₹9,510 |
| £400 | ₹51,236 | ₹50,792 | ₹444 | ₹50,720 |
| £750 | ₹96,067 | ₹95,235 | ₹832 | ₹95,100 |
| £1,500 | ₹1,92,135 | ₹1,90,470 | ₹1,665 | ₹1,90,200 |
| £2,500 | Above the cash limit | ₹3,17,449 | · | ₹3,17,000 |
| £4,000 | Above the cash limit | ₹5,07,919 | · | ₹5,07,200 |
| £7,500 | Above the cash limit | ₹9,52,348 | · | ₹9,51,000 |
Send abroad shown before your bank's charges. Your exact quote comes on the callback.
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Pound exchange rate questions
The rate questions people search for, answered with today's numbers.
Still deciding? Ask the deskA person replies on WhatsApp01Today's rate
What is the pound rate today?
At 3:57 PM IST on 12 Oct 2026, Matrix Forex sells British pound notes at ₹128.09 and buys them back at ₹125.97. On a forex card it is ₹126.98, and money sent abroad goes at ₹126.80. Rates move with the market through the day.
What is today's pound buying and selling rate?
You buy pounds at ₹128.09 and sell them back at ₹125.97. The gap pays for handling real notes both ways: importing, insuring, storing and delivering them, then checking and shipping them back.
Does the pound rate change during the day?
Yes. Our rates follow the market through the trading day. The rate on your quote is the one the desk gives you on the callback.
How much did the pound move this week?
Up 0.58% between 2 Oct and 9 Oct on the European Central Bank's daily reference rate. The chart above shows the trend.
02Quick answers
What is the pound rate in India today?
The pound rate today in India is ₹128.09 for cash, delivered to your door in our cities or collected at a branch. On a forex card it is ₹126.98. The rate is the same across India; only delivery times differ.
What is the GBP price today?
The GBP price today is ₹128.09 for notes, delivered or collected, with GST and any TCS shown as separate lines on your quote, never inside the rate. On a forex card it is ₹126.98.
What is the GBP rate today?
The GBP rate today is ₹128.09 for cash at Matrix Forex. On a forex card it is ₹126.98. We buy pounds back at ₹125.97.
What is the UK currency rate today?
The UK currency rate today is ₹128.09 at Matrix Forex: the UK uses the British pound (GBP), and that is our price for its notes. On a forex card it is ₹126.98. The rate moves with the market through the day.
What is the pound exchange rate today?
The pound exchange rate today is ₹128.09 for cash, our selling rate. When you sell pounds back, we pay ₹125.97; the gap between the two pays for importing, insuring and delivering real notes.
03Cash, card or transfer
Is a forex card cheaper than cash?
Today, yes: ₹126.98 on a card against ₹128.09 in notes. On £1,500 that is ₹1,665 less. Most travellers take a little cash and load the rest on a card.
What rate do I get when I send pounds abroad?
A transfer goes at ₹126.80 today, before your bank's charges. It is for fees, family support or investment under the RBI's Liberalised Remittance Scheme. Send money abroad.
Can I sell my leftover pounds?
Yes. We buy British pound notes back at ₹125.97 today. Get a buy-back quote.
04Rules
What rules apply when I buy pounds?
Up to the USD 3,000 equivalent as currency notes per trip; the rest goes on a forex card, within the USD 250,000 annual LRS limit. That is about £2,200 in notes. You need your passport, ticket, visa where required, and PAN: see the document checklist.
Is tax charged when I buy pounds?
Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.