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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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Zoom to Strengthen Encryption for Paying Customers Only
May 31st, 2020 - 06:00 GMT

Zoom to Strengthen Encryption for Paying Customers Only

OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020
May 30th, 2020 - 07:00 GMT

OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020

Has Riyal/US Dollar Peg Benefited Saudi Economy?
May 30th, 2020 - 06:00 GMT

Has Riyal/US Dollar Peg Benefited Saudi Economy?

Saudi Arabia Transfers $40 Billion from SAMA's FX Reserves to PIF
May 30th, 2020 - 05:00 GMT

Saudi Arabia Transfers $40 Billion from SAMA's FX Reserves to PIF

Turkey: Economy Grows 4.5% Percent in Q1
May 29th, 2020 - 06:00 GMT

Turkey: Economy Grows 4.5% Percent in Q1

US Oil Stocks Jump Much Higher than Expected
May 29th, 2020 - 03:00 GMT

US Oil Stocks Jump Much Higher than Expected

Trump Rolls Back Legal Protections for Social Media Companies
May 29th, 2020 - 01:30 GMT

Trump Rolls Back Legal Protections for Social Media Companies

Is Introducing New Taxes the Right Answer to the Economic Crisis?
May 28th, 2020 - 03:00 GMT

Will New Taxes Rescue Us from The Economic Crisis?

Cyprus to Cover Costs of Infected Tourists with COVID-19
May 28th, 2020 - 02:00 GMT

Cyprus to Cover Costs of Infected Tourists with COVID-19

Why Smart Cities Are Vulnerable to Cyberattacks
May 28th, 2020 - 01:30 GMT

Why Smart Cities Are Vulnerable to Cyberattacks

Boeing Resumes 737 Max Production In US
May 28th, 2020 - 01:00 GMT

Boeing Resumes 737 Max Production In US

Saudi Arabia: Airlines to Resume Domestic Flights on May 31
May 28th, 2020 - 12:30 GMT

Saudi Arabia: Airlines to Resume Domestic Flights on May 31

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