Indian rupee, Philippine peso edge lower against UAE dirham in morning trade

Pakistani rupee holds steady at PKR 76.67 whilst Asian currencies show mixed movements

Last updated:
Justin Varghese, Your Money Editor and Dhanusha Gokulan, Chief Reporter
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Planning on remitting Indian rupee, Pakistan rupee or Philippine peso? Here’s how you can take advantage of remittance-beneficial rates and when.
Planning on remitting Indian rupee, Pakistan rupee or Philippine peso? Here’s how you can take advantage of remittance-beneficial rates and when.
Gulf News Archive

Dubai: The Indian rupee weakened slightly against the UAE dirham on Thursday morning, with 1,000 rupees buying Dh41.53, down from Dh41.58 overnight.

The currency traded at INR 24.08 to the dirham, compared to INR 24.05 the previous evening, reflecting modest pressure on the South Asian currency.

The Philippine peso also softened in morning trade, with 1,000 pesos fetching Dh62.42, a slight decline from Dh62.31 overnight. The peso stood at PHP 16.02 to the dirham versus PHP 16.05 previously.

Meanwhile, the Pakistani rupee remained unchanged at PKR 76.67 to the dirham, with 1,000 rupees buying Dh13.04—holding steady from the previous session.

(Check live forex rates here)

Current exchange rates as of November 13:

  • Indian rupee: 24.08, slightly weaker than yesterday's 24.05

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

  • Philippine peso: 16.02, from yesterday's 16.05

The movements come as Asian currencies navigate global market conditions, with the US dollar's strength continuing to influence regional exchange rates. India and the Philippines are major sources of remittances to the UAE, making these currency fluctuations closely watched by expatriate communities.

Justin Varghese
Justin VargheseYour Money Editor
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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