“In Dubai, soft Asian currencies are continuing to give UAE expatriates greater value for every dirham they remit, with the Indian rupee, Philippine peso, and Pakistani rupee all trading near some of their weakest levels in recent years.”
For now, favorable rates are prompting households to rethink their strategies, weighing whether to lock in the current levels or wait for further market movements. (Check live forex rates here)
Current exchange rates as of February 10:
- Indian rupee: 24.61, slightly stronger than yesterday’s 24.63
- Pakistani rupee: 76.67, unchanged from yesterday’s level
- Philippine peso: 15.86, slightly weaker than yesterday’s 15.85
