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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 - Middle Ea…

Al Ansari Exchange Addresses Indian Rupee Drop to Near Record

Lows and Its Implications for UAE Remittance Market

By PR News Desk 05/08/2025

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.

The drop in the Indian rupee has been driven by several factors, including heightened trade tensions between the United States
and India, particularly the threat of new tariffs on Indian exports of up to 25 percent. These developments have unsettled investors
and triggered capital outflows from Indian markets. July 2025 witnessed the rupee’s lowest monthly performance since 2022, with

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