Remit or hold? Indian rupee, Pakistani rupee, Philippine peso stay low in UAE

Quick look at current exchange rates - as of November 6 - against the UAE dirham

Last updated:
Nivetha Dayanand, Assistant Business Editor and Justin Varghese, Your Money Editor
1 MIN READ
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.
Bloomberg

Dubai: Softer Asian currencies is giving UAE expatriates more value for every dirham they send home. The Indian rupee has stayed near recent lows against the dirham, improving purchasing power for households 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 November 6:

  • Indian rupee: 24.06, unchanged from yesterday's level

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

  • Philippine peso: 15.97, slightly weaker from yesterday's 15.95

Nivetha DayanandAssistant Business Editor

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