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UAE expats remit more in Q1 due to favourable exchange rates
Khaleej Times
|April 22, 2026
Remittances from the UAE have remained largely steady in the first quarter of 2026, with a slight increase to some countries due to favourable exchange rates, according to leading UAE currency exchange companies.
These were most notable across vital markets like India and Pakistan, which continued to dominate overall flows.
Al Fardan Exchange, an exchange company licensed by the UAE Central Bank, saw slightly softer activity in March of this year compared with last year, Hasan Fardan Al Fardan, the CEO, told Khaleej Times. This, he explained, was largely due to a shift in timing rather than a change in demand. “Many customers took advantage of favourable exchange rates earlier in the quarter, particularly in February, bringing forward part of the typical March activity,” he said.
This story is from the April 22, 2026 edition of Khaleej Times.
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