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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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Sanmeet Kochhar, Vice President for HMD Global MENA & India /Al Bawaba
October 6th, 2020 - 11:00 GMT

UAE Tech Podcast: A 5G Powered Future with HMD Global

UAE: Bank Employee Gets Over $41,000 Payout for Unfair Sacking
October 6th, 2020 - 10:30 GMT

UAE: Bank Employee Gets Over $41,000 Payout for Unfair Sacking

India: Tata Sons In Talks to Acquire AirAsia's Stake In JV Airline
October 6th, 2020 - 10:00 GMT

India: Tata Sons In Talks to Acquire AirAsia's Stake In JV Airline

UAE: Business Conditions Improve Despite Concerns Over Economy Outlook
October 6th, 2020 - 09:30 GMT

UAE: Business Conditions Improve Despite Concerns Over Economy Outlook

UAE: Dubai Property Supply-Demand Projected to Start Levelling Off In 2022
October 6th, 2020 - 09:00 GMT

UAE: Dubai Property Supply-Demand Projected to Start Levelling Off In 2022

UAE, Israel Ink Agreement to Bolster Partnership In Conferences, Exhibitions
October 6th, 2020 - 08:30 GMT

UAE, Israel Ink Agreement to Bolster Partnership In Conferences, Exhibitions

Bahrain Halts Travel to High-Risk Destinations
October 6th, 2020 - 08:00 GMT

Bahrain Halts Travel to High-Risk Destinations

India Mulls Resuming International Flights Fully by Q1 2021
October 6th, 2020 - 07:30 GMT

India Mulls Resuming International Flights Fully by Q1 2021

Oman: Number of SMEs Registered in 2020 Exceed 45,700
October 6th, 2020 - 07:00 GMT

Oman: Number of SMEs Registered in 2020 Exceed 45,700

UAE: Telecom Providers to Launch Special Offerings for COVID-19 Volunteers
October 6th, 2020 - 06:30 GMT

UAE: Telecom Providers to Launch Special Offerings for COVID-19 Volunteers

Saudi Arabia, Japan to Boost Bilateral Ties in Energy, Technology
October 5th, 2020 - 02:00 GMT

Saudi Arabia, Japan to Boost Bilateral Ties in Energy, Technology

Pandemic, No-Deal Brexit: Double Whammy That Could Cost UK $174 Billion a Year
October 5th, 2020 - 01:30 GMT

Pandemic, No-Deal Brexit: Double Whammy That Could Cost UK $174 Billion a Year

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