• 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.

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Exchange Rates

Sell Buy Sell
Indian Rupee 0.05065 0.050 0.060
Pakistani Rupee 0.03366 0.028 0.035
Philippine Peso 0.06925 0.0695 0.074
Bangladeshi Taka 0.04401 0.0417 0.0469
Nepalese Rupee 0.03386 0.033 0.038
Sri Lankan Rupee 0.0235 0.022 0.0275
US Dollar 3.6903 3.65 3.68
British Pound 5.265 4.80 4.91
Euro - 4.21 4.31
Saudi Riyal 0.992 0.97 0.98
Omani Rial 9.678 9.50 9.55
Kuwaiti Dinar 12.325 12.18 12.295
Bahraini Dinar 9.804 9.65 9.75
Singapore Dollar - 2.67 2.76

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


    FOMC is scheduled to meet today and tomorrow with the decision to be announced tomorrow. As widely expected, Fed is almost certain to hike interest rate by 25 bps tomorrow. The rate hike is unlikely to impact the markets as it is already fully priced in. However, markets will be closely watching...

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