• P B No. 29395, Dubai, UAE
  • +971 4 3933874

Company Identity

City Exchange LLC is one of the major money exchanges in UAE having more than 20 years of its presence in UAE, specialized in India Based remittances. City Exchange llc was established in the year 1997 with the first branch in Bur Dubai.Over the last 20 years it has established its presence in 5 Emirates with 18 branches. It enjoys the management support from State Bank Of India., the bank which has entered into the league of top 50 global banks. The Company utilizes the expertise of the officers from State Bank of India to run the Business.

Managing Director of the Company is Mr. Akbar Mustafa A Redha Sultan, who is also the Vice Chairman of the Mustafa Sultan Enterprises, a prominent business group in Oman with diversified business interests. Ms. Jayasree Ramachandran, on deputation from State Bank of India, is the General Manager of the Company.

Read more

Services

Exchange Rates

CURRENCY
FUND TRANSFER
BANK NOTE
Sell Buy Sell
Indian Rupee 0.05695 0.053 0.060
Pakisthani Rupees 0.03327 0.029 0.035
Philippine Peso 0.07309 0.063 0.075
Bangladeshi Taka 0.04415 0.038 0.048
Nepalese Rupee 0.03615 0.025 0.038
Sri Lankan Rupee 0.02395 0.020 0.028
US Dollar 3.6903 3.66 3.675
British Pound 5.0669 4.90 5.07
Euro -- 4.38 4.50
Saudi Riyal 0.982 0.96 0.99
Omani Rial 9.678 9.50 9.70
Kuwaiti Dinar 12.266 12.00 12.20
Bahraini Dinar 9.804 9.60 9.80
Singapore Dollar -- 2.67 2.79

Rates are indicative and subject to change. Contact our nearest branch for the latest rates.

  • Market movement for year 2017

    The Indian Rupee witnessed a turnaround against the US dollar during 2017. Starting at Rs.67.95 per USD at the beginning of the year, the Indian currency has been under pressure against the greenback which had strengthened during the last quarter of 2016. Socio e...

    Read more
  • New Year Greetings

    City Exchange wishes you a Happy and Prosperous Year 2018 ...

    Read more
  • VAT on Services

    As per UAE Federal Tax Authority‚Äôs decree law no 8 of 2017, 5% VAT is applicable on Service charges for all type of transactions with effect from 01.01.2018. It may be noted that VAT will be applicable only on the service charges and there will&...

    Read more
  • Morning Market Updates: 15.02.2018

    The Indian rupee witnessed another day with substantial gains at Rs.63.95 per USD up by 14 paise as against previous day closure. Rupee had opened at 64.15 and closed stronger at 64.09 on Wednesday. The Indian currency has been range bound during the early tradeUSD has been trading ...

    Read more
  • Morning Market Updates: 15.02.2018

    The Indian rupee witnessed another day with substantial gains at Rs.63.95 per USD up by 14 paise as against previous day closure. Rupee had opened at 64.15 and closed stronger at 64.09 on Wednesday. The Indian currency has been moving range bound as the day progressedUSD has been t...

    Read more
  • Morning Market Updates: 16.02.2018

    The Indian rupee opened stronger at Rs.63.88 per USD up by 4 paise as against previous day closure. Rupee had opened at 63.95 and closed stronger at 63.91 on Thursday. The Indian currency though initially gained is seen slipping gradually during the morning tradeUSD has been trading...

    Read more
  • Evening Market updates: 16.02.2018

    The Indian rupee opened stronger at Rs.63.88 per USD up by 4 paise as against previous day closure. Rupee had opened at 63.95 and closed stronger at 63.91 on Thursday. The Indian currency though initially gained has been slipping gradually as the day progressedUSD reversing its morn...

    Read more
  • Morning Market Updates: 20.02.2018

    The Indian rupee opened substantially weaker today following the trend with other currencies at Rs.64.52 per USD falling down by a whopping 31 paise as against previous day closure. Rupee had opened at 63.88 and fallen down to close weaker at 64.21 on Friday. The Indian currency though in...

    Read more