The Daily Brief
FX markets are closed for the weekend — here's where things settled on Friday
· as of 08:01 GST
The weekend quiet settles over the currency desk. With FX markets closed, there is nothing to report in the way of movement — only where things stand after Friday's close. The yuan holds near a monthly high against the dirham, the euro sits near a monthly low, and the rest of the board rests where it left off.
What moved
Friday's close left the Chinese yuan at 0.548893 AED, the strongest the Chinese yuan has been against the dirham in 30 days. The euro settled at 4.1146 AED, the weakest the euro has been against the dirham in 30 days. The Egyptian pound and the Japanese yen both settled near the bottom of their 30-day ranges, at 0.070139 AED and 0.023206 AED respectively. Gold isn't included over the weekend — we don't hold a clean baseline for it.
Why
With FX markets closed for the weekend, there is no daily move to explain today.
Corridor spotlight
Sending 1,000 AED to the Philippines settles at about 17,083 pesos — about 15 pesos less than a week ago.
A rotating illustration across the UAE’s main remittance corridors — shown for one corridor each day, not necessarily yours. Find your own rate on the World Rates board.
Crypto beat
Bitcoin rose 0.2% over the last 24 hours while Ethereum fell 0.1%, with Bitcoin's share of the total crypto market at 59.1%. Crypto trades around the clock and is volatile — these are 24-hour moves, not a trend. Separately, CoinDesk reports that the U.S. CFTC is moving to fold event contracts into swaps regulations as a legal fight continues — how regulators treat crypto shapes its legitimacy, its cost, and whether it can connect to the regular money system.
Crypto trades 24/7 — figures from our latest snapshot; see live prices. Reference, not advice — position, never prediction.
This is what happened, not a prediction — we don't say where rates go next.
Gold isn’t included in the fiat movements above — we don’t hold a clean 24-hour baseline for it. Crypto is covered separately in the Crypto beat. See our Methodology.
Sources & transparency
Composed with AI from the data and named sources above, then checked figure-by-figure against them before publishing (model: Claude Sonnet 5). See our Methodology and Editorial policy.