Live Breaking News & Updates on Forex Rate Remittances

Waheed Abbas/Dubai
Exchange house waives charges on funds being remitted to PM Cares Fund
Remittances from the UAE to India have picked up since the outbreak of the latest Covid-19 wave, as people in India increase their dependency on NRIs working here in the UAE.
In addition, some of the local exchange houses are also supporting India by waiving charges on remittances being sent to Indian Prime Minister Narendra Modi’s PM Cares Fund for Covid-19. (Check out the latest gold/forex rates in UAE)
“There has been a noticeable increase in remittances being sent by our Indian customers to their families during India’s latest Covid-19 outbreak. Over the past few days, we have announced that we will waive all our charges to any funds being sent to the PM Cares Fund, which supports India’s fight against the virus,” said Hasan Fardan Al Fardan, CEO of Al Fardan Exchange. ....

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