Page 138 - AAE PR REPORT - APRIL 2025
P. 138
4/7/25, 10:05 AM Al Ansari Exchange is closely monitoring global currency markets following the recent US tariff announcements
Al Ansari Exchange is closely monitoring
global currency markets following the
recent US tariff announcements
Facebook Twitter Pinterest WhatsApp
The US administration’s April 2 tariff measures, which include a 10% baseline tariff on imports
with higher rates applied to specific countries, have contributed to a weakening of the US
Dollar against several major currencies. This shift presents both challenges and opportunities
for individuals and businesses across the UAE.
The depreciation of the US Dollar against currencies like the Euro, Japanese Yen, and Chinese
Yuan may pose challenges for UAE residents sending remittances to countries with
strengthening currencies.
https://uaeinsider.net/2025/04/05/al-ansari-exchange-is-closely-monitoring-global-currency-markets-following-the-recent-us-tariff-announcements/ 1/2
