Page 122 - AAE PR REPORT - SEPTEMBER 2025
P. 122
9/2/25, 9:49 AM Indian expats in UAE send more money home as rupee weakens against UAE dirham
Indian rupee drops to lifetime low against dirham at 24.04 - best time for NRIs to remit
Why is rupee down?
Global geopolitical factors have contributed to the rupee’s decline, including the U.S.’s 50% tariffs on Indian exports, cautious policies from the Reserve Bank of
India, rising oil prices, and the relative stability of the US Dollar, to which the UAE dirham is pegged. For Indian expatriates, these movements are more than
numbers—they directly influence how far their remittances can stretch.
According to Al Najjar, remittance activity from UAE-based Indians has surged by 15% in the recent period. “Residents are strategically timing their transfers to
maximise value,” he said. “Many are planning their remittances around currency trends, ensuring their families benefit the most during culturally significant
occasions such as Onam.”
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Financial service providers in the UAE have stepped up operations to meet the growing demand. “We have enhanced our liquidity at high-traffic branches, extended
working hours, and introduced promotional offers on transfer fees to make sending money home easier and more efficient,” Al Najjar added.
Why remit home now
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