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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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What's Behind Last Week’s Sudden Rally In Oil Prices?
May 12th, 2020 - 08:30 GMT

What's Behind Last Week’s Sudden Rally In Oil Prices?

COVID-19, Oil Crisis Push Saudi Arabia to “Immediate Overhaul” Measures
May 12th, 2020 - 08:15 GMT

COVID-19, Oil Crisis Push Saudi Arabia to “Immediate Overhaul” Measures

More Arab Countries Could Start Hiking Taxes to Boost Economies
May 12th, 2020 - 07:30 GMT

More Arab Countries Could Start Hiking Taxes to Boost Economies

Businessmen Before And After COVID-19: Some Rolling in Money While Others Lose Billions
May 11th, 2020 - 03:00 GMT

Meet the 7 Major Billionaires Affected by COVID-19

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

3 Reasons Why Businesses Must Digitize Supply Chain Ecosystems Right Now
May 11th, 2020 - 01:30 GMT

3 Reasons Why Businesses Must Digitize Supply Chain Ecosystems Right Now

Opinion: Should the Capitalist US Bail out the Shale Producers?
May 11th, 2020 - 01:00 GMT

Opinion: Should the Capitalist US Bail out the Shale Producers?

US Official: Unemployment Rate Expected to Worsen
May 11th, 2020 - 12:30 GMT

US Official: Unemployment Rate Expected to Worsen

5 Tips to Nurture Profitable Relationships With Customers
May 11th, 2020 - 12:00 GMT

5 Tips to Nurture Profitable Relationships With Customers

Alert: At Least Half a Million Zoom Accounts Put Up For Sale on Dark Web
May 11th, 2020 - 11:30 GMT

Alert: At Least Half a Million Zoom Accounts Put Up For Sale on Dark Web

S&P Affirms Qatar’s Rating At ‘AA-’, Outlook at ‘Stable’
May 11th, 2020 - 11:00 GMT

S&P Affirms Qatar’s Rating At ‘AA-’, Outlook at ‘Stable’

Saudi Arabia Cuts Local Fuel Prices Significantly
May 11th, 2020 - 10:30 GMT

Saudi Arabia Cuts Local Fuel Prices Significantly

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