Tag Archives: Remittances

UAE Exchange ties up with Bank Rakyat Indonesia for FLASHremit – the real-time account credit facility!

February 13, 2013

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UAE Exchange partners with Bank Rakyat, Indonesia to offer FLASHremit services to their customers. This is the first bank in Indonesia to partner for FLASHremit. Indonesian expatriates can now send money in real time to their loved one’s account in Bank Rakyat Indonesia. The service is available in two currencies viz., Indonesian Rupiah and United […]

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Indian rupee near all-time low despite massive RBI intervention

June 27, 2012

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The Indian rupee declined to near its lifetime low this morning despite heavy intervention by the country’s central bank in the forex markets following the apparent failure of its moves to stem the slump. Asia’s worst performing currency this year slumped to Rs15.58 vs. the UAE dirham (Rs57.21 vs. $1) at about 10.20am UAE time […]

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OFW numbers growing; remittances are also up

June 27, 2012

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MANILA, Philippines -The total number of overseas Filipino workers (OFWs) who worked abroad from April to September 2011 was estimated at 2.2 million, according to the National Statistics Office (NSO). They remitted P156.3 billion for the same period. The number of OFWs for the same period in 2010 was estimated at 2 million or 10 […]

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Rupee tipped to slide further as measure have little impact

June 25, 2012

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Indian Currency will continue to weaken unless issues of growth and subsidies are addressed New Delhi: The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlikely to have any significant impact on the currency, analysts say. “The monetary policy has […]

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A saga of commitment and perseverance

June 12, 2012

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The perseverance to rise above the odds and smile at life is a rare quality. Very few own it. Even fewer implement it to achieve success. The Filipino community is one among those select few. This very quality has made them one of the most sought-after talents, worldwide. Their professionalism, commitment and perseverance have been […]

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Qatar-UAE Exchange opens yet another door of convenience!

June 10, 2012

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The remittance brand added a new link to the chain of branches. The seventh branch, opened in Al Khor, strengthened the network across Qatar. Yet another door of convenience opened closer to customers, when UAE Exchange inaugurated its new branch in the Al Khor neighbourhood in Qatar. This seventh branch in the strong network assures […]

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Qatar UAE Exchange opens its 7th branch

June 5, 2012

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The world’s trusted money transferrer, UAE Exchange, opened yet another point of convenience for its customers in Qatar. This new branch, 7th in the chain, further strengthens the network across the country and adds to the global presence, where the total number of branches is inching towards being 600 in 30 countries. The contact details […]

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Gulf remittances soar as rupee weakens

May 26, 2012

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HYDERABAD: A weakening rupee has brought much cheer to expats living abroad and the large Indian population in the Gulf couldn’t be happier. Remitting a large part of their salary back to India, they are happy as this now converts into more rupees back home. According to informed sources, banks in the city have seen […]

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A commitment to excellence

April 5, 2012

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> DED honours organisations and individuals for outstanding contributions Dubai Twenty-nine government departments, private companies and individuals were honoured for their outstanding contributions and services to the community in the latest round of Business Excellence Awards that included the Dubai Quality Award, Dubai Human Development Award and the Dubai Service Excellence Scheme. The ceremony was […]

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Donate Blood, Save Life!

March 20, 2012

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Donating blood is one of the greatest things you could do to help your fellow beings. Here is a chance to do your part. UAE Exchange, the leading global remittance and foreign exchange brand, in association with Dubai Health Authority is conducting Blood Donation Camp on 21st March, 2012; from 9:00 A.M. to 2:00 P.M. […]

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