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8/6/25, 9:16 AM Al Ansari Exchange Addresses Indian Rupee Drop To Near Record Lows And Its Implications For UAE Remittance Market
Al Ansari Exchange Addresses Indian Rupee Drop To Near Record Lows And
Its Implications For UAE Remittance Market
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2025-08-05 09:30:17
(MENAFN- Mid-East Info) Al Ansari Exchange, a leading remittance and foreign currency exchange service provider in the UAE, has highlighted the recent
sharp decline of the Indian rupee against the UAE dirham, which is pegged to the U.S. dollar. The rupee has approached record lows, trading around
₹23.91 per AED, with intra-week fluctuations between ₹23.63 and ₹23.95. This marks one of the weakest levels in recent years and has drawn significant
attention from expatriate communities and businesses with exposure to India.
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