MUSCAT: The Indian rupee took a heavy plunge on Thursday (January 27) touching as high as INR 195 against OMR 1.
It is known that the Indian rupee has been choppy against the US dollar in the recent past. However, it has been decreased in the last few months. In December, the Indian rupee touched INR 197, the highest it has been all year.
When it comes to sending money back home, it is vital to know whether it is currently an ideal time to remit. “It is financially prudent to remit money as you will get comparatively more Indian Rupees for Omani Rial these days,” said an official at a money exchange house in Muscat.
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