Remit or Hold? Indian, Pakistani, and Philippine Currencies Stay Weak Against UAE Dirham

Asian currencies are trading weak against the UAE dirham, giving expatriates more value for money when sending remittances home. As of January 6, 2026, the Indian rupee, Pakistani rupee, and Philippine peso are hovering near multi-year lows, prompting some families to reassess their money transfer strategies.

Indian Rupee Near New Low-

The Indian rupee (INR) recently touched a new low of ₹24.71 per dirham, creating a potentially strong transfer window for Indian expats. Exchange houses report that many households are splitting transfers sending part of their money now while holding back the rest in case rates move further.

Philippine Peso Volatility-

The Philippine peso (PHP) has been trading between 15.87 and 16.07 per dirham amid political pressures, slower economic growth, and a widening corruption probe. Analysts describe the current phase as one of the currency’s most turbulent since 2022. Favorable rates are prompting families to decide whether to lock in transfers now or wait for potential further declines.

Pakistani Rupee-

The Pakistani rupee (PKR) also remains soft against the dirham, offering expatriates a slightly stronger remittance value compared with previous months. Market watchers advise monitoring rates closely before making large transfers.

Expatriates are encouraged to check live forex rates before sending money home to make the most of the current market conditions.