Remit or Hold? Rupee, Peso, and Pakistani Currency Stay Weak in UAE
<h3><strong>Remit or Hold? Indian Rupee, Pakistani Rupee, and Philippine Peso Stay Low in UAE</strong></h3><p><strong>Dubai:</strong> Expatriates in the UAE are finding more value in their remittances as key Asian currencies — the <strong>Indian rupee</strong>, <strong>Pakistani rupee</strong>, and <strong>Philippine peso</strong> — continue to stay weak against the UAE dirham.</p><p>The trend offers better exchange rates for those sending money home, but also raises a familiar question for millions of workers and families: <strong>Is now the right time to remit — or should they wait for further movement in the forex market?</strong></p><h3><strong>Current Exchange Rates (as of November 12, 2025)</strong></h3><figure class="table"><table><thead><tr><th>Currency</th><th>Rate vs UAE Dirham</th><th>Change from Previous Day</th></tr></thead><tbody><tr><td><strong>Indian Rupee (INR)</strong></td><td><strong>₹24.07</strong></td><td>Weaker from ₹24.03</td></tr><tr><td><strong>Pakistani Rupee (PKR)</strong></td><td><strong>₨76.67</strong></td><td>Unchanged</td></tr><tr><td><strong>Philippine Peso (PHP)</strong></td><td><strong>₱15.99</strong></td><td>Slightly stronger from ₱16.00</td></tr></tbody></table></figure><p><i>(Rates are indicative and may vary depending on remittance providers.)</i></p><h3><strong>Indian Rupee Near Recent Lows</strong></h3><p>The <strong>Indian rupee</strong> continues to hover close to its lowest level in recent months, trading around <strong>₹24.07 per dirham</strong>. This is beneficial for <strong>UAE-based Indian expats</strong>, as each dirham now converts into more rupees, increasing purchasing power for families back home.</p><p>Analysts say the rupee’s weakness is being driven by global factors — including <strong>higher US interest rates</strong>, <strong>stronger dollar demand</strong>, and <strong>rising crude oil prices</strong>, which tend to weigh on India’s trade deficit.</p><p>💡 <strong>Remittance tip:</strong> If you’re sending money for regular family expenses or EMIs, now remains a favorable time. However, if you’re planning large transfers, monitoring short-term trends over the next few weeks could help you lock in slightly better rates.</p><h3><strong>Pakistani Rupee Holds Steady</strong></h3><p>The <strong>Pakistani rupee</strong> has remained largely stable at <strong>₨76.67 per dirham</strong>, reflecting some short-term currency control measures by Pakistan’s central bank. However, analysts expect volatility to return if <strong>import pressures</strong> or <strong>external loan repayments</strong> increase in late 2025.</p><p>For now, the rate remains favorable for remitters, especially compared to earlier this year when the exchange rate briefly dropped below <strong>₨74 per dirham</strong>.</p><p>💡 <strong>Remittance tip:</strong> Stability in the rupee may not last long given ongoing fiscal and inflation challenges. Expats planning remittances might consider sending now while rates remain steady.</p><h3><strong>Philippine Peso Slightly Stronger</strong></h3><p>The <strong>Philippine peso</strong>, which had recently fallen close to record lows, saw a slight recovery to <strong>₱15.99 per dirham</strong> from ₱16.00 yesterday. However, it still offers <strong>strong remittance value</strong> for the UAE’s large Filipino community.</p><p>The peso’s weakness has been influenced by <strong>global oil prices</strong>, <strong>slower exports</strong>, and <strong>monetary policy shifts</strong> in both the Philippines and the US. The <strong>Bangko Sentral ng Pilipinas (BSP)</strong> continues to balance inflation management with supporting the local economy, which could cause minor fluctuations in the coming weeks.</p><p>💡 <strong>Remittance tip:</strong> Given the peso’s gradual stabilization, sending funds now still offers good value. Those expecting further depreciation should keep an eye on upcoming BSP rate announcements.</p><h3><strong>What’s Driving the Trend?</strong></h3><p>Economists point to three key factors behind the continued softness in Asian currencies:</p><p><strong>Strong US Dollar:</strong> The Federal Reserve’s tighter monetary policy has strengthened the dollar, pulling value from emerging market currencies.</p><p><strong>Oil Prices:</strong> Higher energy costs affect countries like India and the Philippines, both major oil importers.</p><p><strong>Geopolitical Uncertainty:</strong> Ongoing global conflicts and slower trade recovery have increased investor caution toward developing economies.</p><p>These pressures have collectively kept the <strong>dirham — pegged to the US dollar — strong</strong>, offering UAE residents more favorable exchange rates for sending money abroad.</p><h3><strong>Outlook for Remitters</strong></h3><p>With many Asian currencies still near their lower range, <strong>UAE expats have an advantageous remittance window</strong>. However, forex analysts advise tracking the <strong>USD index</strong> and <strong>central bank decisions</strong> in their home countries before making bulk transfers.</p><p><strong>Short-term forecast (1–2 weeks):</strong></p><p><strong>Indian rupee:</strong> Likely to remain in the 24.00–24.20 range per dirham</p><p><strong>Pakistani rupee:</strong> Stable around 76.5–77.0</p><p><strong>Philippine peso:</strong> May fluctuate between 15.90–16.10</p><p>If the dollar softens later this month due to cooling inflation data, these currencies might see minor recoveries — but for now, <strong>the remittance environment remains favorable</strong>.</p><h3><strong>Bottom Line</strong></h3><p>For millions of UAE expatriates, current rates mean <strong>more value per dirham</strong> — especially for families dependent on monthly remittances.</p><p>Whether you choose to <strong>remit now</strong> or <strong>wait</strong>, keeping an eye on global economic cues — especially US dollar trends and oil prices — will help you make the most of your money transfers.</p>