Page 18 - AAE PR REPORT - SEPTEMBER 2025

Press Release

Al Ansari Exchange: Indian Rupee Depreciation Boosts

Remittance Activity by 15%

September 1, 2025 – 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.

Mr. Ali Al Najjar, Chief Operating Officer at Al Ansari Exchange, confirmed that this
decline has directly influenced the volume of financial remittances from the UAE to India, with
the company recording a 15% increase in remittance value during the recent period. This surge
is attributed to the Indian community’s eagerness to take advantage of exchange rate fluctuation
and direct their savings to their families back home, especially in conjunction with the Onam
festival celebrations, when expatriates are keen to enhance financial support for their families
during this culturally significant occasion.

He commented: “This change in the exchange rate presents a valuable opportunity for the
Indian community in the UAE to maximise the value of their remittances. At Al Ansari
Exchange, we are committed to offering the best rates and providing flexible and secure
financial services that enable our customers to make the most of these favorable conditions.”

Al Najjar concluded by emphasising that the company has enhanced its operational readiness
to meet the growing demand, through increased liquidity support, extended working hours at
high-traffic branches, and special promotional offers on transfer fees.

-ends-

For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com