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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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Dubai: Residential Property Sales Activity Soars in Q3 Due to the Fall of Rental Rates
October 15th, 2020 - 09:30 GMT

Dubai: Residential Property Sales Activity Soars in Q3 Due to the Fall of Rental Rates

Dubai Hotels Register Highest Occupancy Level Since February
October 15th, 2020 - 09:00 GMT

Dubai Hotels Register Highest Occupancy Level Since February

Saudi Arabia: NEOM Awards Red Sea International with $35 Million Contracts
October 15th, 2020 - 08:30 GMT

Saudi Arabia: NEOM Awards Red Sea International with $35 Million Contracts

HP Reveals World’s Most Intelligent VR Headset
October 15th, 2020 - 08:00 GMT

HP Reveals World’s Most Intelligent VR Headset

Abu Dhabi Exchange Launches Covered Short Selling
October 15th, 2020 - 07:30 GMT

Abu Dhabi Exchange Launches Covered Short Selling

UAE: Majid Al Futtaim Mulls Selling Its District Cooling Units
October 15th, 2020 - 07:00 GMT

UAE: Majid Al Futtaim Mulls Selling Its District Cooling Units

How COVID-19 Widened the Gap Between the Poor and Rich
October 15th, 2020 - 06:30 GMT

How COVID-19 Widened the Gap Between the Poor and Rich

Union Properties Registers $139 Million As Q3 Net Profit
October 15th, 2020 - 06:15 GMT

Union Properties Registers $139 Million As Q3 Net Profit

Why Did Apple Plan a Second Major Event in Less Than a Month?
October 14th, 2020 - 02:00 GMT

Why Did Apple Plan a Second Major Event in Less Than a Month?

Qatar: Expat Workers Start Arriving Amid The Easing of Restrictions On Work Visas
October 14th, 2020 - 01:00 GMT

Qatar: Expat Workers Start Arriving Amid The Easing of Restrictions On Work Visas

Zuckerberg, Chan Donate Additional $100 Million to US Election Infrastructure
October 14th, 2020 - 12:30 GMT

Zuckerberg, Chan Donate Additional $100 Million to US Election Infrastructure

Iran, Iraq Ink Agreement to Unlock Iranian Funds In Baghdad
October 14th, 2020 - 12:00 GMT

Iran, Iraq Ink Agreement to Unlock Iranian Funds In Baghdad

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