Spike in AED-INR transfers: What’s driving Indians in UAE to remit more funds; - Explained
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
The weakening rupee, hovering around Rs 23.5 per AED, has triggered a surge in remittances from NRIs in the UAE and Saudi Arabia. Currency exchange firms report a significant increase in AED-INR transactions since mid-June. Despite the usual summer slowdown, expats are capitalizing on the attractive exchange rate, sending money home as quickly as possible. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
