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Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

ALBAWABA- India’s currency is under renewed strain, with the rupee sliding to a record low against the U.S. dollar in late April, intensifying pressure on the Reserve Bank of India to steady markets while shielding the broader economy. The rupee weakened to around 96 per dollar on Thursday, marking a sharp decline from levels near 91–92 earlier this year and extending a multi-year slide that has eroded more than 12% ...
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TikTok to Build Global HQ in UK Creating 3,000 Jobs
July 19th, 2020 - 01:30 GMT

TikTok to Build Global HQ in UK Creating 3,000 Jobs

UAE Launches New Business Incubator for National Entrepreneurs
July 19th, 2020 - 01:00 GMT

UAE Launches New Business Incubator for National Entrepreneurs

Dubai Reassures Tourists by Launching Safety Stamp for Tourism, Retail Establishments
July 19th, 2020 - 12:30 GMT

Dubai Reassures Tourists by Launching Safety Stamp for Tourism, Retail Establishments

Airbus to Expand Sustainable Aviation Fuel Operations
July 19th, 2020 - 12:00 GMT

Airbus to Expand Sustainable Aviation Fuel Operations

India: Petrochemical Industry Teetering on the Brink Due to Demand Loss
July 19th, 2020 - 11:30 GMT

India: Petrochemical Industry Teetering on the Brink Due to Demand Loss

Netflix Stocks Plummet Despite Subscribers Growth
July 19th, 2020 - 10:30 GMT

Netflix Stocks Plummet Despite Subscribers Growth

Twitter Apologises for the Breach, Says That Hackers 'Manipulated' Employees
July 19th, 2020 - 10:00 GMT

Twitter Apologises for the Breach, Says That Hackers 'Manipulated' Employees

Hankook to Become Official Tire Partner for Formula E
July 19th, 2020 - 09:30 GMT

Hankook to Become Official Tire Partner for Formula E

QNB Evaluates the Dollar’s Strength As Global Economy Recovers
July 19th, 2020 - 09:00 GMT

QNB Evaluates the Dollar’s Strength As Global Economy Recovers

Kuwait Bans Expats Residence Transfer from Gov't to Private Sector
July 19th, 2020 - 08:30 GMT

Kuwait Bans Expats Residence Transfer from Gov't to Private Sector

US Companies Award Execs with Bonuses Before Filing for Bankruptcy
July 19th, 2020 - 08:00 GMT

US Companies Award Execs with Bonuses Before Filing for Bankruptcy

UAE: Are You Entitled to Compensation If You Were Asked to Resign During Probation?
July 19th, 2020 - 07:30 GMT

UAE: Are You Entitled to Compensation If You Were Asked to Resign During Probation?

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