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9/2/25, 9:48 AM Indian rupee depreciation boosts remittance activity by 15%: Al Ansari Exchange
Indian rupee depreciation boosts remittance activity by 15%: Al Ansari Exchange
Depreciation driven by global geopolitical fluctuations

Last updated: September 01, 2025 | 15:03
GN Focus

2 MIN READ

Ali Al Najjar, Chief Operating Officer, Al Ansari Exchange
Al Ansari Exchange, a leading provider of remittance and foreign exchange services in the United Arab Emirates, announced that the Indian Rupee has witnessed a noticeable decline against the UAE Dirham
over the past few days, dropping by approximately 0.5%. The exchange rate reached around INR 24.03 per AED, compared to stronger levels in the previous period.
This depreciation was driven by global geopolitical fluctuations, most notably the 50% tariffs imposed by the United States on Indian exports, alongside the cautious monetary policies adopted by the Reserve
Bank of India and rising oil prices. Additionally, the global stability of the US Dollar – to which the UAE Dirham is pegged – further amplified the impact on exchange movements.

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