Page 157 - AAE PR REPORT - AUGUST 2025

Currency strategists are largely aligned: For UAE-based Indian expats, this could be the peak of the
current dip. With the rupee slipping quickly, and the outlook still clouded by macroeconomic
uncertainty, locking in remittances now could mean better returns before any short-term recovery.
“Even a minor rebound in the rupee could wipe out this advantage,” said Jateen Trivedi of LKP
Securities.“The markets are waiting for the RBI’s monetary policy decision on Wednesday, which
could bring more volatility.”

Key takeaways for UAE NRIs

• Current exchange rate: ~23.9 INR to 1 AED

• Record low: 23.93 (Feb 2025)
• Driver: US tariffs, strong dollar, FII outflows

• Expert view: Remittance window highly favourable now

• Next trigger: RBI policy decision on Wednesday

https://gulfnews.com/your-money/saving-investment/remit-now-indian-rupee-nears-24-against-
uae-dirham-record-low-in-sight-1.500223139