Asian Currencies Weaken Against UAE Dirham, Boosting Remittance Value

Jul 17, 2026

53 min

Jul 17, 2026 04:30

Indian rupee, Pakistani rupee and Philippine peso stay soft, lifting dirham value for expats. Should you remit now?

## Exchange Rate Trends

The Indian rupee, Pakistani rupee, and Philippine peso have recently weakened against the UAE dirham, providing expatriates in the UAE with more favorable remittance rates. As of July 17, the Indian rupee hit a low of ₹26.08 per dirham, while the Philippine peso traded between 16 and 16.48 against the dirham. The Pakistani rupee remained stable at 75.69.

## Strategic Remittances

With these currencies at some of their weakest levels in recent years, many expatriates are considering strategic remittance options. Some families are opting to split their transfers, sending part of their funds now and holding off on the rest to see if rates improve further.

## Economic Influences

The decline in these Asian currencies is influenced by a mix of global economic pressures. The Philippine peso, for instance, is affected by political and economic challenges, as well as its indirect link to the US dollar, to which the dirham is pegged. This situation prompts households to evaluate whether to take advantage of the current rates or wait for potential market shifts.

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