A softening Indian rupee, Pakistani rupee and Philippine peso, trading near multi-year lows against the UAE dirham, is emerging as a remittance opportunity for expatriates in the UAE, prompting many workers to rethink when and how they send money back home. With currencies under pressure from domestic and global economic forces, the current exchange environment is giving senders in the UAE more value per dirham, even as financial advisors urge caution and strategy in timing remittances.
