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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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India: Equity Indices Open Week in Green,Tracking Gains in Asian Markets
May 10th, 2020 - 11:30 GMT

India: Equity Indices Open Week in Green,Tracking Gains in Asian Markets

Saudization Soars to 52 Percent in Technology Sector
May 10th, 2020 - 11:00 GMT

Saudization Soars to 52 Percent in Technology Sector

After Facebook, Saudi Firm Eye Multi-Billion Dollar Stake in India's Jio Platforms
May 10th, 2020 - 10:30 GMT

After Facebook, Saudi Firm Eye Multi-Billion Dollar Stake in India's Jio Platforms

Sabic to Build World's Biggest Mega-Battery Factory
May 10th, 2020 - 10:00 GMT

Sabic to Build World's Biggest Mega-Battery Factory

The Vaccine Airbnb Needs to Combat COVID-19
May 10th, 2020 - 09:30 GMT

The Vaccine Airbnb Needs to Combat COVID-19

American COVID-19 Drugmaker Gilead Targeted by Iran-Linked Hackers
May 10th, 2020 - 09:00 GMT

American COVID-19 Drugmaker Gilead Targeted by Iran-Linked Hackers

Lebanon: Audit of Central Bank Accounts to Include All Transactions
May 10th, 2020 - 08:30 GMT

Lebanon: Audit of Central Bank Accounts to Include All Transactions

Lebanon: IMF Response Brings Back Hope to Suffering Economy
May 10th, 2020 - 08:00 GMT

Lebanon: IMF Response Brings Back Hope to Suffering Economy

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign
May 10th, 2020 - 07:15 GMT

Brent Crude Prices Rebound as Global Supply and Demand Started to Realign

GCC: Oil Price, COVID-19 to Shrink Banks Revenues
May 9th, 2020 - 06:30 GMT

GCC: Oil Price, COVID-19 to Shrink Banks Revenues

Aramco Raise Crude Selling Prices Up As Demand Recovers
May 8th, 2020 - 06:00 GMT

Aramco Raises Crude Selling Prices Up As Demand Recovers

How to Keep Your Employment Chances During the Economic Crisis
May 7th, 2020 - 03:00 GMT

How to Keep Your Employment Chances During the Economic Crisis

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