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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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Can UAE Firms Deduct from Employees' Leave Salaries?
October 4th, 2020 - 09:00 GMT

Can UAE Firms Deduct from Employees' Leave Salaries?

Sabic Teams Up with Fibertex Personal Care to Create Nonwovens Using Recycled Plastics
October 4th, 2020 - 08:30 GMT

Sabic Teams Up with Fibertex Personal Care to Create Nonwovens Using Recycled Plastics

Apple to Release Foldable iPhone with a Self-Healing Screen
October 4th, 2020 - 08:00 GMT

Apple to Release Foldable iPhone with a Self-Healing Screen

1,000 Saudi Volunteers Hired at Expo 2020 Pavilion
October 4th, 2020 - 07:30 GMT

1,000 Saudi Volunteers Hired at Expo 2020 Pavilion

S&P: Dubai's Economy to Shrink by 11 Percent in 2020
October 4th, 2020 - 07:00 GMT

S&P: Dubai's Economy to Shrink by 11 Percent in 2020

EU: Aviation Bodies May Start Relying On Passenger Testing Over Quarantines
October 4th, 2020 - 06:30 GMT

EU: Aviation Bodies May Start Relying On Passenger Testing Over Quarantines

Mubadala Acquires 1.4 Percent Stake in India's Reliance Retail Unit for $843 Million
October 4th, 2020 - 06:00 GMT

Mubadala Acquires 1.4 Percent Stake in India's Reliance Retail Unit for $843 Million

Facebook, Twitter Suspend Accounts Linked to Russian Network
October 2nd, 2020 - 03:00 GMT

Twitter Removes 130 Iranian Accounts Attempting to Disrupt Trump-Biden Debate

UAE Expats' Remittances Exceed $21 Billion in H1
October 2nd, 2020 - 02:00 GMT

UAE Expats' Remittances Exceed $21 Billion in H1

India: Full Refund for Flight Tickets Booked During Lockdown Period
October 2nd, 2020 - 01:00 GMT

India: Full Refund for Flight Tickets Booked During Lockdown Period

Why It's The Right Time to Invest in Dubai's Properties
October 2nd, 2020 - 12:00 GMT

Why It's The Right Time to Invest in Dubai's Properties

Arabs Love for Coffee Is Revolutionizing the Industry in the Region
October 1st, 2020 - 02:00 GMT

Arabs Love for Coffee Is Revolutionizing the Industry in the Region

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