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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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Pakistan Receives Over $23 Billion Remittances
July 15th, 2020 - 06:00 GMT

Pakistan Receives Over $23 Billion Remittances

Are Global Giants Threatened by the Success of MENA Start-Ups?
July 14th, 2020 - 02:00 GMT

Are Global Giants Threatened by the Success of MENA Start-Ups?

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq
July 14th, 2020 - 01:30 GMT

Weatherford, IDC Team Up to Drill 20 Oil Wells in Iraq

This Starbucks Barista Awarded $100,000 Tip After Face Mask Encounter
July 14th, 2020 - 01:00 GMT

This Starbucks Barista Awarded $100,000 Tip After Face Mask Encounter

GCC Prepare for Welcoming Passenger Flights
July 14th, 2020 - 12:30 GMT

GCC Prepare for Welcoming Passenger Flights

Oman to Start Repatriating Expats in July
July 14th, 2020 - 12:00 GMT

Oman to Start Repatriating Expats in July

Hiring Rate in 2020 Slides 50 Percent Due to COVID-19
July 14th, 2020 - 11:30 GMT

Hiring Rate in 2020 Slides 50 Percent Due to COVID-19

Lebanon in Discussions to Import Fuel from Kuwait
July 14th, 2020 - 11:00 GMT

Lebanon in Discussions to Import Fuel from Kuwait

To Mars and Beyond: UAE to be First Arab Country to Explore Space!
July 14th, 2020 - 10:30 GMT

To Mars and Beyond: UAE to be First Arab Country to Explore Space!

EU Approves $3.8 Billion Bailout Package to Dutch Airline KLM
July 14th, 2020 - 10:00 GMT

EU Approves $3.8 Billion Bailout Package to Dutch Airline KLM

UAE: Completion of Phase 1 of e-Dirham Transformation
July 14th, 2020 - 09:30 GMT

UAE: Completion of Phase 1 of e-Dirham Transformation

COVID-19 Pushed Iraq Towards Food Self-Sufficiency
July 14th, 2020 - 09:00 GMT

COVID-19 Pushed Iraq Towards Food Self-Sufficiency

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