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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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85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-end
May 1st, 2020 - 04:00 GMT

85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-End

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?
May 1st, 2020 - 07:00 GMT

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?

Why Are Developing Economies Expected to Suffer the Most Severe Consequences of the Coronavirus Crisis?
April 30th, 2020 - 03:00 GMT

Why Are Developing Economies Expected to Suffer the Most Severe Consequences of the Coronavirus Crisis?

The Deep Roots of Lebanon's Financial Crisis
April 30th, 2020 - 01:00 GMT

The Deep Roots of Lebanon's Financial Crisis

World's Gov'ts New Dilemma: Saving Lives or Livelihoods
April 30th, 2020 - 12:30 GMT

World's Gov'ts New Dilemma: Saving Lives or Livelihoods

LinkedIn Celebrates Ramadan with #MonthOfKindness Campaign
April 30th, 2020 - 12:00 GMT

LinkedIn Celebrates Ramadan with #MonthOfKindness Campaign

UAE: Can Employer Layoff Workers While on Leave?
April 30th, 2020 - 11:30 GMT

UAE: Can Employer Layoff Workers While on Leave?

Now Everyone Can ‘Meet’ for Free Thanks to Google!
April 30th, 2020 - 11:00 GMT

Now Everyone Can ‘Meet’ for Free Thanks to Google!

UAE: Are Employees Entitled to Ramadan's Working Hours While Working Remotely?
April 30th, 2020 - 10:30 GMT

UAE: Are Employees Entitled to Ramadan's Working Hours While Working Remotely?

COVID-19 and Fall in Oil Demand: A Double Whammy to Saudi Arabia Economy in Q1
April 30th, 2020 - 10:00 GMT

COVID-19 and Fall in Oil Demand: A Double Whammy to Saudi Arabia Economy in Q1

NMC Founder Claims He's Victim of Fraud, Forgery and Impersonation
April 30th, 2020 - 09:30 GMT

NMC Founder Claims He's Victim of Fraud, Forgery and Impersonation

Lebanon: Central Bank Governor Rejects the Blame, Points Fingers on ‘ State Spenders’
April 30th, 2020 - 09:00 GMT

Lebanon: Central Bank Governor Rejects the Blame, Points Fingers on ‘ State Spenders’

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