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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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NMC UK Sends Team of Experts to UAE, Here’s Why
May 7th, 2020 - 01:30 GMT

NMC UK Sends Team of Experts to UAE, Here’s Why

Can Saudi Arabia Rescue Its Economy?
May 7th, 2020 - 01:00 GMT

Can Saudi Arabia Rescue Its Economy?

Philippine: Economy Contracts for First Time Since 1998 Due to COVID-19
May 7th, 2020 - 12:30 GMT

Philippine: Economy Contracts for First Time Since 1998 Due to COVID-19

Snapchat Unveils New AR Experience With Renowned Artist Damien Hirst
May 7th, 2020 - 12:00 GMT

Snapchat Unveils New AR Experience With Renowned Artist Damien Hirst

Careem Lays off 31 Percent of Its Staff, UberEats Shuts Down in Egypt, KSA
May 7th, 2020 - 11:30 GMT

Careem Lays off 31 Percent of Its Staff, UberEats Shuts Down in Egypt, KSA

Saudi Arabia: Moody's Degrades Ratings of 10 Banks to Negative
May 7th, 2020 - 11:00 GMT

Saudi Arabia: Moody's Degrades Ratings of 10 Banks to Negative

The New Tourism Norms Post COVID-19
May 7th, 2020 - 10:30 GMT

The New Tourism Norms Post COVID-19

US: COVID-19 Ravages Economy With Overall Debt Exceeding $14 Trillion
May 7th, 2020 - 10:00 GMT

US: COVID-19 Ravages Economy With Overall Debt Exceeding $14 Trillion

UAE Attempts to Combat Money Laundering With Fintech
May 7th, 2020 - 09:30 GMT

UAE Attempts to Combat Money Laundering With Fintech

Eurozone: Retail Trade Volume Plummets 11.2 Percent
May 7th, 2020 - 09:00 GMT

Eurozone: Retail Trade Volume Plummets 11.2 Percent

S&P: Turkey Maintains B+ Credit Rating
May 7th, 2020 - 08:30 GMT

S&P: Turkey Maintains B+ Credit Rating

EU Set to Enter Deepest Recession in its History
May 7th, 2020 - 08:00 GMT

EU Set to Enter Deepest Recession in its History

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