Page 99 - AAE PR REPORT - AUGUST 2025

8/6/25, 9:33 AM Al Ansari Exchange Addresses Indian Rupee Drop to Near Record Lows and Its Implications for UAE Remittance Market
customers to remit significantly higher amounts in rupees for the same dirham outlay, providing tangible
benefits to families and dependents in India. At the same time, businesses and individuals engaged in trade with
India are reviewing their hedging strategies and timing of transactions in light of the increased volatility.

In response to the surge in remittance demand, Al Ansari Exchange has ensured sufficient liquidity across its
nationwide branch network and digital channels, while continuing to provide competitive rates and transparent
pricing. The company has also launched targeted initiatives to attract customers during this period, including
special promotional offers, rate alerts via its mobile application, and expanded staffing at high-demand
branches to ensure smooth and efficient service.

Commenting on the situation, Rashed A. Al Ansari, CEO of Al Ansari Exchange said:
“The current exchange rate presents a unique opportunity for Indian expatriates in the UAE to maximise the
value of their remittances. While the outlook for the rupee remains influenced by global and domestic factors,
we are fully prepared to meet the increased demand and provide our customers with the best possible value and
service during this period of heightened currency volatility.”

Al Ansari Exchange reaffirmed its commitment to supporting customers with reliable and efficient remittance
solutions, even as currency markets remain uncertain. The company continues to monitor global economic
developments closely and remains focused on delivering safe, transparent, and customer-centric services.

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