The study looked at what factors affect the value of currencies in India. They analyzed data from 2007 to 2016 and surveyed 100 banking professionals. The main factors influencing exchange rates were found to be money supply, Sensex, exports/imports, and business confidence. Trade, domestic rates, and remittances were key in determining the price of domestic currency. The factors that best predict the rupee's value are domestic index, investment inflow, and money surplus. By focusing on these factors, a healthy foreign exchange market and a strong economy can be achieved.