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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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Saudi Arabia, Russia Seal Oil Cuts Deal
June 4th, 2020 - 06:00 GMT

Saudi Arabia, Russia Seal Oil Cuts Deal

COVID-19 in the Middle East: An Initial Assessment of the Economic Damage
June 3rd, 2020 - 03:00 GMT

COVID-19 in the Middle East: An Initial Assessment of the Economic Damage

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts
June 3rd, 2020 - 01:30 GMT

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts

EU: Unemployment Rate Soars to 6.6 Percent in April
June 3rd, 2020 - 01:00 GMT

EU: Unemployment Rate Soars to 6.6 Percent in April

GCC: Will VAT Hikes Help Ease COVID-19 Economic Burden?
June 3rd, 2020 - 12:30 GMT

GCC: Will VAT Hikes Help Ease COVID-19 Economic Burden?

Ford, Volkswagen to Finalize $4 Billion Self-Driving Cars Deal with Argo AI
June 3rd, 2020 - 12:00 GMT

Ford, Volkswagen to Finalize $4 Billion Self-Driving Cars Deal with Argo AI

This Woman Receives Guinness World Record for Paying Largest Library Book Fine Ever!
June 3rd, 2020 - 11:30 GMT

This Woman Receives Guinness World Record for Paying Largest Library Book Fine Ever!

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades
June 3rd, 2020 - 11:00 GMT

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades

UK: 16 Percent of Citizens Financially Better Off in Lockdown
June 3rd, 2020 - 10:30 GMT

UK: 16 Percent of Citizens Financially Better Off in Lockdown

Google Faces $5 Billion Lawsuit for Tracking Users' “Private” Mode
June 3rd, 2020 - 10:00 GMT

Google Faces $5 Billion Lawsuit for Tracking Users' “Private” Mode

Facebook Employees Protest Against Zuckerberg's Stand on Trump’s Posts
June 3rd, 2020 - 09:30 GMT

Facebook Employees Protest Against Zuckerberg's Stand on Trump’s Posts

Report: Diversified Arab Economies Less Hit by COVID-19
June 3rd, 2020 - 09:00 GMT

Report: Diversified Arab Economies Less Hit by COVID-19

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