The Indian rupee has recently displayed a modest recovery against the US dollar, sparking discussions among Indian expatriates in the UAE about the optimal timing for remittances. Over the past month, the rupee has shown resilience, climbing from a peak of 88.87 to 87.80 against the dollar, marking its longest stretch of gains since June. This uptick has been bolstered by the Reserve Bank of India’s (RBI) proactive interventions in the foreign exchange markets, aimed at stabilizing the currency. As of October 23, 2025, the rupee was trading at 23.92 per UAE dirham, up from 24.20 earlier in the month. Despite these gains, analysts caution that the rupee remains vulnerable to persistent macroeconomic challenges, including a widening trade deficit and geopolitical uncertainties. The RBI’s strategic interventions, including dollar-selling operations and liquidity infusions, have provided short-term support, but the currency’s medium-term outlook remains uncertain. With forecasts predicting continued volatility, expats are advised to consider remitting funds while the rupee shows signs of strength, before potential further depreciation.