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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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NATO Countries Defense Expenditure Cut to Only 2 Percent of GDP
October 22nd, 2020 - 10:00 GMT

NATO Countries Defense Expenditure Cut to Only 2 Percent of GDP

Opinion: Will the Recent US Blessed Israeli Ties with UAE Curb Chinese Investments in Israel?
October 22nd, 2020 - 08:30 GMT

Opinion: Will the Recent US Blessed Israeli Ties with UAE Curb Chinese Investments in Israel?

Bahrain, Israel to Start Postal Exchange Soon
October 22nd, 2020 - 08:00 GMT

Bahrain, Israel to Start Postal Exchange Soon

EU, UK to Resume Trade Talks Today
October 22nd, 2020 - 07:30 GMT

EU, UK to Resume Trade Talks Today

Etihad Credit Insurance Issues Shariah-Compliant Export Credit Solutions
October 22nd, 2020 - 07:00 GMT

Etihad Credit Insurance Issues Shariah-Compliant Export Credit Solutions

IATA: Middle East Air Traffic to Reach Only 30 Percent of 2019's Levels
October 22nd, 2020 - 06:30 GMT

IATA: Middle East Air Traffic to Reach Only 30 Percent of 2019's Levels

Why Do More Central Banks Consider Digital Currencies As an Option?
October 22nd, 2020 - 06:00 GMT

Why Do More Central Banks Consider Digital Currencies As an Option?

Saudi Strategy on AI Set to Be Revealed in Global Summit
October 21st, 2020 - 03:00 GMT

Saudi Strategy on AI Set to Be Revealed in Global Summit

Fintech Saudi to Launch Fintech Ecosystem Directory
October 21st, 2020 - 02:00 GMT

Fintech Saudi to Launch Fintech Ecosystem Directory

UAE, US, Israel Team up to Establish Abraham Fund
October 21st, 2020 - 01:30 GMT

UAE, US, Israel Team up to Establish Abraham Fund

Emirates Commemorates UAE’s Mars Mission with Special Stamps
October 21st, 2020 - 01:00 GMT

Emirates Commemorates UAE’s Mars Mission with Special Stamps

Saudi Arabia: Women Constitute 41 Percent of G20 Secretariat
October 21st, 2020 - 12:30 GMT

Saudi Arabia: Women Constitute 41 Percent of G20 Secretariat

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