UPDATE

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

Quick look at current exchange rates - as of October 3 - against the UAE dirham

Last updated:
Nivetha Dayanand, Assistant Business Editor
1 MIN READ
When it comes to sending money back home, it is vital to know whether it is currently an ideal time to remit.
When it comes to sending money back home, it is vital to know whether it is currently an ideal time to remit.
Gulf News Archive

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 October 3:

  • Indian rupee: 24.04, unchanged from yesterday's level

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

  • Philippine peso: 15.76, unchanged from yesterday's level

Nivetha DayanandAssistant Business Editor

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