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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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UAE: 88 Percent of Banks to Enable Open Banking in the Next 12 Months
June 18th, 2020 - 06:15 GMT

Study: 88 Percent of UAE Banks to Enable Open Banking in the Next 12 Months

Will Staycations Be the New Summer Option in the Middle East?
June 17th, 2020 - 01:30 GMT

Will Staycations Be the New Summer Option in the Middle East?

UAE: Bank Lending Grows At Slower Pace In May
June 17th, 2020 - 01:00 GMT

UAE: Bank Lending Grows At Slower Pace In May

Amazon Launches Amazon.sa in Saudi Arabia
June 17th, 2020 - 12:30 GMT

Amazon Launches Amazon.sa in Saudi Arabia

Oil Prices Plummet Amid Concerns About Virus Second Wave
June 17th, 2020 - 12:00 GMT

Oil Prices Plummet Amid Concerns About Virus Second Wave

Saudi Arabia's Economy Among World's Top 25 Competitive Economies
June 17th, 2020 - 11:30 GMT

Saudi Arabia's Economy Among World's Top 25 Competitive Economies

US: Businesses Demand Customers, Workers to Waive Legal Rights
June 17th, 2020 - 11:00 GMT

US: Businesses Demand Customers, Workers to Waive Legal Rights

Japan's Exports Plummet 28.3 Percent in May Due to COVID-19
June 17th, 2020 - 10:30 GMT

Japan's Exports Plummet 28.3 Percent in May Due to COVID-19

Over 60 Percent of Beijing Flights Canceled Due to New Virus Outbreak
June 17th, 2020 - 10:00 GMT

Over 60 Percent of Beijing Flights Canceled Due to New Virus Outbreak

France: Thousands of Health Workers Protest Over Conditions, Pay
June 17th, 2020 - 09:30 GMT

France: Thousands of Health Workers Protest Over Conditions, Pay

Facebook Suspends Hundreds Accounts Associated With Right-Wing Organizations
June 17th, 2020 - 09:00 GMT

Facebook Suspends Hundreds Accounts Associated With Right-Wing Organizations

Germany: CureVac Becomes Second Company to Test COVID-19 Vaccine
June 17th, 2020 - 08:30 GMT

Germany: CureVac Becomes Second Company to Test COVID-19 Vaccine

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