UPDATE

Remit now? New money exchange rates for India rupee, Pakistan rupee, Philippine peso

Quick look at current exchange rates - as of September 29 - against the UAE dirham

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Dubai: Weak Asian currencies are creating a remittance windfall for UAE expatriates, with exchange rates delivering exceptional value for money transfers back home.

The critical question for millions of workers: Should you send money now or wait for even better rates?

Recent weeks have seen these currencies hit multi-week lows against the dirham, particularly the Indian rupee, boosting purchasing power for families receiving funds. (Check live forex rates here)

Current exchange rates as of September 29:

  • Indian rupee: 24.09, weaker from yesterday's level of 24.05

  • Pakistani rupee: 76.67, unchanged from previous level

  • Philippine peso: 15.77, slightly weaker from prior level of 15.76

Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence. Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.

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