Asia Business

Pound vs Euro: UAE money transfers – time it right in May, save big on remittances

Against the UAE dirham, the British pound and the euro are expected to weaken in the coming weeks from its present levels. Here’s how you can take advantage of these upcoming rates when remitting money to the UK or anywhere in Europe.

Dubai: Thinking of sending some cash back home? Hold on to your dirhams! Just like booking a flight, timing your money transfer can save you some serious money.

The first step is figuring out if your home turf’s currency is going to rise or fall in value soon? This can make a big difference in how much your loved ones get back home.

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