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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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World Leaders Donate $8 Billion to Combat COVID-19
May 5th, 2020 - 10:00 GMT

World Leaders Donate $8 Billion to Combat COVID-19

Saudi SABIC Posts Second Quarterly Loss Due to Low Oil Prices, Slump in Demand
May 5th, 2020 - 09:00 GMT

Saudi SABIC Posts Second Quarterly Loss Due to Low Oil Prices, Slump in Demand

Iran: Parliament Passes Bill to Slash Four Zeroes Off Deteriorating Currency
May 5th, 2020 - 08:30 GMT

Iran: Parliament Passes Bill to Slash Four Zeroes Off Deteriorating Currency

Dubai Expo 2020 Delayed to October 2021
May 5th, 2020 - 08:00 GMT

Dubai Expo 2020 Delayed to October 2021

India: Sensex Soars by 500 Points, Nifty Climbs to 9,450
May 5th, 2020 - 07:30 GMT

India: Sensex Soars by 500 Points, Nifty Climbs to 9,450

Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg
May 5th, 2020 - 07:15 GMT

Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg

Smart Apps That Will Help You Avoid Wasting Food During Ramadan
May 4th, 2020 - 03:00 GMT

6 Smart Apps That Will Help You Avoid Wasting Food During Ramadan

Global Markets Round-up: Stocks Plummet As US-China Tensions Flare Again
May 4th, 2020 - 12:30 GMT

Global Markets Round-up: Stocks Plummet As US-China Tensions Flare Again

Easyjet Founder Warns Stakes Could Go Down The Drain Unless Shareholders Support His Campaign
May 4th, 2020 - 12:00 GMT

Easyjet Founder Warns Stakes Could Go Down The Drain Unless Shareholders Support His Campaign

Asia: COVID-19 Freezes Global Production, Hit Demand
May 4th, 2020 - 11:30 GMT

Asia: COVID-19 Freezes Global Production, Hit Demand

Rystad: Oil Glut to Halve to 13.6 Million bpd in May
May 4th, 2020 - 11:00 GMT

Rystad: Oil Glut to Halve to 13.6 Million bpd in May

Turkey Ranks Second In Business Fraud Index
May 4th, 2020 - 10:30 GMT

Turkey Ranks Second In Business Fraud Index

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