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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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Aramco’s First Sponsored F1 Race Kicks Off Today
July 5th, 2020 - 12:30 GMT

Aramco’s First Sponsored F1 Race Kicks Off Today

Saudi Share Index Recovers by 11 Percent in Q2
July 5th, 2020 - 12:00 GMT

Saudi Share Index Recovers by 11 Percent in Q2

Germany's Financial Recovery to Start From October, Says Economy Minister
July 5th, 2020 - 11:30 GMT

Germany's Financial Recovery to Start From October, Says Economy Minister

EU Grants Gilead's Remdesivir Conditional Approval
July 5th, 2020 - 10:30 GMT

EU Grants Gilead's Remdesivir Conditional Approval

Bridgestone, Microsoft to Develop World-First Tyre Damage Detection System
July 5th, 2020 - 10:00 GMT

Bridgestone, Microsoft to Develop World-First Tyre Damage Detection System

Kuwait: Property Market Suffers Due to Mass Exodus of Expats
July 5th, 2020 - 09:30 GMT

Kuwait: Property Market Suffers Due to Mass Exodus of Expats

Turkey: Inflation Soars to 12.6 Percent in June
July 5th, 2020 - 09:00 GMT

Turkey: Inflation Soars to 12.6 Percent in June

Lebanon Lives Its Darkest Days as Power Crisis Worsens
July 5th, 2020 - 08:30 GMT

Lebanon Lives Its Darkest Days as Power Crisis Worsens

Crude Oil Rebounds to Near 20-Week High
July 5th, 2020 - 08:00 GMT

Crude Oil Rebounds to Near 20-Week High

iPhone to Replace All ID Documents Soon
July 5th, 2020 - 07:30 GMT

iPhone to Replace All ID Documents Soon

Why Analysts Expect the GCC IPO Market to Recover in H2?
July 5th, 2020 - 07:00 GMT

Why Analysts Expect the GCC IPO Market to Recover in H2?

UAE: Dubai Ready to Open its Doors to Tourists on July 7
July 5th, 2020 - 06:30 GMT

UAE: Dubai Ready to Open its Doors to Tourists on July 7

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