Rupee, Peso Stay Weak Against Dirham – Is It Time to Remit?

Indian 100 rupee note

Asian currencies remain under pressure, giving UAE-based expats stronger value for every dirham sent home.

As of February 13, the Indian rupee, Pakistani rupee and Philippine peso are trading near recent lows against the UAE dirham, creating what exchange houses describe as a favorable remittance window.

Latest Exchange Rates

  • Indian rupee: 24.60 per dirham
  • Pakistani rupee: 76.67 per dirham
  • Philippine peso: 15.73 per dirham

The Indian rupee recently touched ₹24.98 against the dirham, one of its weakest levels,  prompting many expats to transfer funds while rates remain attractive.

Meanwhile, the Philippine peso has fluctuated amid political and economic uncertainty, while the Pakistani rupee remains soft.

Should You Send Now?

Currency traders say many households are splitting their transfers, sending part of the money now to lock in current rates and holding the rest in case of further currency weakness.

With Asian currencies under pressure and global markets volatile, remitters are weighing whether to act immediately or wait for potentially better levels. For UAE expats, even small currency shifts can make a noticeable difference in monthly remittances.

Facebook
Twitter
LinkedIn
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

Entertainment