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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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Moody's: Abu Dhabi per Capita Income Significantly Higher Than Its Peers
May 13th, 2020 - 06:30 GMT

Moody's: Abu Dhabi per Capita Income Significantly Higher Than Its Peers

How Will UAE Sustain Food Security Post COVID-19?
May 13th, 2020 - 06:00 GMT

How Will UAE Sustain Food Security Post COVID-19?

Why Is China Launching the World's First Official Digital Currency Now?
May 12th, 2020 - 03:00 GMT

Why Is China Launching the World's First Official Digital Currency Now?

Bahrain Bourse Establishes Investor Protection Funds Programme
May 12th, 2020 - 01:00 GMT

Bahrain Bourse Establishes Investor Protection Funds Programme

UAE to Slash Oil Production by 100,000 bpd in June
May 12th, 2020 - 12:30 GMT

UAE to Slash Oil Production by 100,000 bpd in June

Air India Closes New Delhi Office After Employee Tested COVID-19 Positive
May 12th, 2020 - 12:00 GMT

Air India Closes New Delhi Office After Employee Tested COVID-19 Positive

Indonesia Rolls Out Rice ATMs Amid COVID-19 Crisis
May 12th, 2020 - 11:30 GMT

Indonesia Rolls Out Rice ATMs Amid COVID-19 Crisis

Your Guide For Marketing Through COVID-19 Recession
May 12th, 2020 - 11:00 GMT

Your Guide For Marketing Through COVID-19 Recession

Toyota Profit Plunges Due to COVID-19
May 12th, 2020 - 10:30 GMT

Toyota Profit Plunges Due to COVID-19

Qatar Airways to Include Israeli Medical Workers in Free Flight Tickets Giveaway
May 12th, 2020 - 10:00 GMT

Qatar Airways to Include Israeli Medical Workers in Free Flight Tickets Giveaway

India: Equity Prices Plunge, Sensex Sinks Over 600 Points
May 12th, 2020 - 09:30 GMT

India: Equity Prices Plunge, Sensex Sinks Over 600 Points

Can US Prevent The World from Sliding Into Economic Depression?
May 12th, 2020 - 09:00 GMT

Can US Prevent The World from Sliding Into Economic Depression?

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