Page 145 - AAE PR REPORT - APRIL 2025

Al Ansari Exchange is closely monitoring global currency markets following the recent US tariff
announcements

04/04/2025

April 03, 2025: 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.
Conversely, the Indian Rupee (INR) has declined against the US Dollar following the recent tariff
announcements. In early morning trade on April 3, 2025, the INR weakened by 24 paise against the

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