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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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Samsung Mulls Unveiling New Smartphones Online
June 10th, 2020 - 08:00 GMT

Samsung Mulls Unveiling New Smartphones Online

Qatar Ranks Third in Forbes Middle East’s Top 100 Companies
June 10th, 2020 - 07:30 GMT

Qatar Ranks Third in Forbes Middle East’s Top 100 Companies

UK: BP to Layoff 10,000 Employees Due to COVID-19
June 10th, 2020 - 07:00 GMT

UK: BP to Layoff 10,000 Employees Due to COVID-19

Iraq Abides by OPEC+ Oil Cut Deal
June 10th, 2020 - 06:30 GMT

Iraq Abides by OPEC+ Oil Cut Deal

Libya: Major Oilfields Resume Production
June 10th, 2020 - 06:00 GMT

Libya: Major Oilfields Resume Production

Migrant Workers in Lebanon: The Kafala System, Racism, and a Collapsing Economy
June 9th, 2020 - 03:00 GMT

Lebanon: The Kafala System, Racism, and a Collapsing Economy

Boeing Tests Ultraviolet Disinfection for Plane Cabins
June 9th, 2020 - 01:00 GMT

Boeing Tests Ultraviolet Disinfection for Plane Cabins

FinTech Startup Raises $7 Million Funding to Launch in Saudi Arabia
June 9th, 2020 - 12:30 GMT

FinTech Startup Raises $7 Million Funding to Launch in Saudi Arabia

Why Employees Need to Develop New Skills in the Post-COVID-19 Era
June 9th, 2020 - 12:00 GMT

Why Employees Need to Develop New Skills in the Post-COVID-19 Era

India: Jio Platforms Sells $750 Million Stake to ADIA
June 9th, 2020 - 11:30 GMT

India: Jio Platforms Sells $750 Million Stake to ADIA

MENA: Fear of Recession Lingers Despite Signs of Economical Recovery
June 9th, 2020 - 11:00 GMT

MENA: Fear of Recession Lingers Despite Signs of Economic Recovery

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group
June 9th, 2020 - 10:30 GMT

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group

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