UPDATE

Weak rupee, stronger peso affect UAE expat remittances

Quick look at current exchange rates - as of October 8 - against the UAE dirham

Last updated: October 08, 2025 | 20:25

Nivetha Dayanand, Assistant Business Editor and Justin Varghese, Your Money Editor

1 MIN READ

Weak rupee, stronger peso affect UAE expat remittances

Gulf News Archive

Dubai: Weakness in several Asian currencies is creating a rare remittance windfall for UAE expatriates, with exchange rates lately delivering exceptional value for money sent 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 October 8:

Indian rupee: 24.10, slightly weaker from yesterday's 24.09
Pakistani rupee: 76.67, unchanged from yesterday's level
Philippine peso: 15.73, slightly stronger from yesterday's 15.76

Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series. Her reporting has taken her from breaking spot news to long-form features and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a long list of CEOs, regulators, and founders who are reshaping the region’s economy. An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which probably explains her weakness for data, context, and a good follow-up question. When she is away from her keyboard (AFK), you are most likely to find her at the gym with an Eminem playlist, bingeing One Piece, or exploring games on her PS5.