Page 121 - AAE PR REPORT - SEPTEMBER 2025

9/2/25, 9:49 AM Indian expats in UAE send more money home as rupee weakens against UAE dirham
Indian expats in UAE send more money home as rupee weakens against UAE dirham

At INR 24.03 per Dh1, Al Ansari Exchange sees noticeable increase in remittance volumes

Last updated: September 01, 2025 | 16:07
Justin Varghese, Your Money Editor

2 MIN READ

Stock exchange remit
Ahmad Alotbi/Gulf News - Lulu Exchange

Dubai: UAE-based Indian expatriates are ramping up money transfers to India as the Indian rupee (INR) weakens against the UAE dirham (AED).

The exchange rate has dipped to around INR 24.03 per Dh1, down roughly 0.5% from earlier levels, prompting many residents to act quickly to maximise value for
their families back home. (Check the latest forex rates here.)

“The recent shift in the Indian rupee presents a valuable opportunity for the Indian community in the UAE to send more support to their families,” said Ali Al Najjar,
Chief Operating Officer at Al Ansari Exchange. “We have seen a noticeable increase in remittance volumes as residents look to take advantage of favorable
exchange rates ahead of the Onam festival.”

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