Currency Exchange News

Indian rupee slips to record closing low but fares better than Asian peers

The dollar has surged since Donald Trump's victory in the US presidential election, hurting emerging market assets

Indian rupee pinned near record low, state-run banks' dollar sales cap weakness

The currency declined to a record low of 23 against the UAE dirham on Tuesday

Time to remit? Indian Rupee slips to new record low against UAE dirham

While the US election may have a "sizeable impact on equities, the RBI is likely to keep rupee volatility in check," a trader with a large private bank said

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