UAE-based Indians could lose big on transfers: Here’s why

Indian expats in the UAE should consider delaying remittances as the rupee strengthens, currently fetching ₹23.20 per dirham. Currency experts anticipate a potential reversal, suggesting rates could soon improve to the ₹23.3–23.4 range. Global factors, including US economic policies and trade speculations, influence these fluctuations, impacting the dirham-to-rupee exchange rate.

World News