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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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Saudi Arabia Investors to Seek Investments in Cyprus
October 21st, 2020 - 12:00 GMT

Saudi Arabia Investors to Seek Investments in Cyprus

Japan: Central Bank to Cut Growth, Price Forecasts
October 21st, 2020 - 11:30 GMT

Japan: Central Bank to Cut Growth, Price Forecasts

Hyundai Motor Ranks 5th Worldwide in Brand Value
October 21st, 2020 - 11:00 GMT

Hyundai Motor Ranks 5th Worldwide in Brand Value

OPEC, Allies Concerned About Demand, Call on Global Action
October 21st, 2020 - 10:30 GMT

OPEC, Allies Concerned About Demand, Call on Global Action

US Sanctions Chinese Firms, Individuals over Business Ties with Iran
October 21st, 2020 - 10:00 GMT

US Sanctions Chinese Firms, Individuals over Business Ties with Iran

IMF: Digital Money Carries Both Promises, Risks
October 21st, 2020 - 09:30 GMT

IMF: Digital Money Carries Both Promises, Risks

NASA, Nokia Team up to Install 4G Network on the Moon
October 21st, 2020 - 09:00 GMT

NASA, Nokia Team up to Install 4G Network on the Moon

EU Countries to Link up All National Pandemic Tracing Apps
October 21st, 2020 - 08:30 GMT

EU Countries to Link up All National Pandemic Tracing Apps

IMF Urges Lebanon to Revamp its Subsidy System
October 21st, 2020 - 07:30 GMT

IMF Urges Lebanon to Revamp its Subsidy System

World Bank: Egypt’s GDP to Rebound to 5.8 Percent by 2022
October 21st, 2020 - 06:30 GMT

World Bank: Egypt’s GDP to Rebound to 5.8 Percent by 2022

Can Employers Put Employees on Unpaid Leave Indefinitely in UAE?
October 21st, 2020 - 06:00 GMT

Can Employers Put Employees on Unpaid Leave Indefinitely in UAE?

How COVID-19 Has Impacted MENA Economies During 2020
October 20th, 2020 - 02:00 GMT

How COVID-19 Impacted MENA Economies During 2020

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