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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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Kuwait, Saudi Arabia to Halt Oil Production in Joint Field
May 20th, 2020 - 10:00 GMT

Kuwait, Saudi Arabia to Halt Oil Production in Joint Field

Etihad Makes Historic First Flight from Abu Dhabi to Israel
May 20th, 2020 - 09:30 GMT

Etihad Makes Historic First Flight from Abu Dhabi to Israel

EU: Car Sales Plummet by 76.3 Percent in April
May 20th, 2020 - 09:00 GMT

EU: Car Sales Plummet by 76.3 Percent in April

Asia: Stocks Rise on Optimism About COVID-19 Vaccine
May 20th, 2020 - 08:30 GMT

Asia: Stocks Rise on Optimism About COVID-19 Vaccine

IATA Advises Govts, Airlines to Introduce More Self-Service Measures
May 20th, 2020 - 08:00 GMT

IATA Advises Govts, Airlines to Introduce More Self-Service Measures

UAE: Central Bank's Assets up 1.6 Percent in April
May 20th, 2020 - 07:30 GMT

UAE: Central Bank's Assets up 1.6 Percent in April

EIU: COVID-19's Effects Will Reignite Protests in MENA
May 20th, 2020 - 07:00 GMT

EIU: COVID-19's Effects Will Reignite Protests in MENA

How Do New US Restrictions Affect Huawei Users Worldwide?
May 19th, 2020 - 03:00 GMT

How Do New US Restrictions Affect Huawei Users Worldwide?

Japan: Nissan Gears Up to Manufacture Face Masks for Healthcare Workers
May 19th, 2020 - 01:00 GMT

Japan: Nissan Gears Up to Manufacture Face Masks for Healthcare Workers

Egypt Mulls Switching to Plastic Banknotes in 2020
May 19th, 2020 - 12:30 GMT

Egypt Mulls Switching to Plastic Banknotes in 2020

Anxious about Returning to Work? Check out this Microsoft AI-Powered App
May 19th, 2020 - 12:00 GMT

Anxious about Returning to Work? Check out this Microsoft AI-Powered App

Dubai: 34 Percent Drop in Intellectual Property Complaints in Q1
May 19th, 2020 - 11:30 GMT

Dubai: 34 Percent Drop in Intellectual Property Complaints in Q1

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