Rupee and peso dip turns into a remittance boost for UAE expats

Dubai: A weaker trend across several Asian currencies is giving UAE expatriates more value for every dirham they send home. The rupee has hovered near multi-week lows against the dirham, lifting household purchasing power in key remittance markets.

The move has prompted many workers to reassess timing, weighing whether to lock in current rates or wait for further shifts in the forex market. (Check live forex rates here)

Current exchange rates as of October 10:

• Indian rupee: 24.14, slightly weaker from yesterday's 24.06

• Pakistani rupee: 76.67, unchanged from yesterday's level

• Philippine peso: 15.81, slightly weaker from yesterday's 15.78