Currency Exchange News

Remit now? Indian rupee at 22.9 per UAE dirham amid volatility trends ahead of US election

The currency has been pinned near record low levels for much of the week amid a rise in US bond yields

Time to remit? Indian rupee drops to new all-time low

Overseas investors have sold $8.4 billion of Indian stocks so far in October, a reversal from the $8-billion inflows last month

Pakistani rupee likely to stay stable as remittances set to reach $29.8 billion in 2024-25

Government's crackdown on foreign currency smuggling led to a convergence of official and informal rates, stabilising the rupee

Partner Content: Al Fardan Exchange introduces 'More Skies, More Smiles' campaign

In a special tribute, the exchange's oldest customer wins the first free flight ticket

Indian rupee drops against UAE dirham as dollar demand increases

Importers, including local oil companies, were spotted buying dollars, traders said

UAE: New service allows expats to remit money now, pay later in instalments

Ahead of the official roll-out, Botim will introduce a pre-registration form for its 9 million users

Indian rupee rises, forward premiums lifted by improved odds of deeper Fed rate cut

The currency saw some relief after hovering close to the 84 mark for much of the week

Indian rupee rises against UAE dirham on equity inflows

The higher weightage for Indian equities, effective on Friday, is expected to draw up to $3 billion of inflows

Indian rupee slips but state-run banks' dollar sales cap losses

The Reserve Bank of India has routinely intervened this month to ensure that the rupee doesn't fall below the 84 handle

Indian rupee lifted by gains in Asian peers, oil firms' bids cap upside

It is likely to trade with a positive bias on the day but expect gains to be limited near 83.80 (Dh22.83), according to a foreign exchange research analyst