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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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World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies
June 3rd, 2020 - 08:30 GMT

World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies

Syria: Stock Market Suspends Trading for Makhlouf's Company
June 3rd, 2020 - 08:00 GMT

Syria: Stock Market Suspends Trading for Makhlouf's Company

UAE: Abu Dhabi Bans Industries from Exporting Iron Scrap, Waste Paper
June 3rd, 2020 - 07:30 GMT

UAE: Abu Dhabi Bans Industries from Exporting Iron Scrap, Waste Paper

Apple Expected to Reach $2 Trillion Market Cap in Four Years
June 3rd, 2020 - 07:00 GMT

Apple Expected to Reach $2 Trillion Market Cap in Four Years

UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company
June 3rd, 2020 - 06:30 GMT

UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company

Covid-19: Job Interview Tips and Questions to Consider
June 2nd, 2020 - 03:00 GMT

How to Ace a Job Interview in the COVID-19 Era

South Korea to Reopen WTO Complaint over Japan Trade Restrictions
June 2nd, 2020 - 02:30 GMT

South Korea to Reopen WTO Complaint over Japan Trade Restrictions

Bain, Cyrus to be Final Bidders for Virgin Australia
June 2nd, 2020 - 02:00 GMT

Bain, Cyrus to be Final Bidders for Virgin Australia

Asian Stocks Make Modest Rise After Wall Streets Gains, Economies Reopen
June 2nd, 2020 - 01:00 GMT

Asian Stocks Make Modest Rise After Wall Streets Gains, Economies Reopen

Egypt Reveals $460 Million Ring Road Development Project
June 2nd, 2020 - 01:00 GMT

Egypt Reveals $460 Million Ring Road Development Project

People Flock to Invest In Island Properties Amid COVID-19 Scare
June 2nd, 2020 - 12:30 GMT

People Flock to Invest In Island Properties Amid COVID-19 Scare

Saudi Animal Fostering App Qualified to Win International Prize
June 2nd, 2020 - 11:30 GMT

Saudi Animal Fostering App Qualified to Win International Prize

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