Updating currency exchange rates: Current rates for Indian rupee, Pakistani rupee, Philippine peso announced
UAE Currency Rates: South Asian Currencies Remain Relatively Stable Against UAE Dirham
A significant portion of the UAE's population consists of South Asians, and the strength of their respective currencies can have a significant impact on remittances. Here's a snapshot of the current exchange rates and recent trends.
As of September 17, 2025, the Indian Rupee is at 23.89 against the UAE dirham, unchanged from the previous day. Meanwhile, the Pakistani Rupee is at 76.67 against the UAE dirham, remaining steady from the day before. The Philippine Peso, however, has shown a slight strengthening, standing at 15.45 against the UAE dirham, compared to 15.48 yesterday.
These rates, while relatively stable or slightly strengthening against the UAE Dirham, have been a topic of interest in recent weeks. The Indian Rupee, in particular, may continue to face pressure due to economic headwinds, with forecasts indicating further depreciation against the US dollar by the end of 2025. This could imply continued weakening against other stable currencies like the UAE Dirham.
However, the expected US Federal Reserve rate cuts starting September 2025 could weaken the US dollar and lead to a potential rebound or stabilization in Asian currencies, including those from South Asia. As global capital reallocates toward Asia, there is a possibility of a potential uplift in South Asian currencies, including the Indian Rupee and Pakistani Rupee.
Timing is critical for those sending money home from the UAE. It's important to closely track currencies like the Indian rupee and the Philippine peso to make informed decisions about remittances.
Remittances from the UAE to South Asia are currently on the rise. The key question regarding remittances is whether this trend will continue, and the current exchange rates may provide some insight.
For up-to-date information on live forex rates, you can check various financial platforms. However, it's important to note that this article does not predict whether the South Asian currencies will strengthen or weaken in the coming days. The potential reasons for the weakening of South Asian currencies are not discussed in this article.
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