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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 to Reduce Spending in 2021 by 7.5 Percent
October 1st, 2020 - 01:00 GMT

Saudi Arabia to Reduce Spending in 2021 by 7.5 Percent

Japan: Tokyo Stock Exchange to Stop Trading All Day Due to System Glitch
October 1st, 2020 - 12:30 GMT

Japan: Tokyo Stock Exchange to Stop Trading All Day Due to System Glitch

Flight Staff of KLM Agree on Temporary Wage Cuts
October 1st, 2020 - 12:00 GMT

Flight Staff of KLM Agree on Temporary Wage Cuts

American Airlines to Furlough 19,000 Employees
October 1st, 2020 - 11:30 GMT

American Airlines to Furlough 19,000 Employees

IAEA Inspects Second Suspected Secret Atomic Site in Iran
October 1st, 2020 - 11:00 GMT

IAEA Inspects Second Suspected Secret Atomic Site in Iran

UAE, Israel Discuss Joint Projects in Technology Sector
October 1st, 2020 - 10:30 GMT

UAE, Israel Discuss Joint Projects in Technology Sector

UAE Revokes Licences of Six Higher Education Institutions
October 1st, 2020 - 10:00 GMT

UAE Revokes Licences of Six Higher Education Institutions

Mubadala Mulls Investing Up to $1 Billion Stake in Indian's Reliance Retail Division
October 1st, 2020 - 09:30 GMT

Mubadala Mulls Investing Up to $1 Billion Stake in Indian's Reliance Retail Division

UAE-Based 'Masala King' Helps Repatriate Stranded Indian Workers from Saudi Arabia
October 1st, 2020 - 09:00 GMT

UAE-Based 'Masala King' Helps Repatriate Stranded Indian Workers from Saudi Arabia

UAE: Adnoc Trading Commences Derivatives Trading
October 1st, 2020 - 08:30 GMT

UAE: Adnoc Trading Commences Derivatives Trading

Dubai-Based Arabtec Holding to File for Liquidation As Losses Pile Up
October 1st, 2020 - 08:00 GMT

Dubai-Based Arabtec Holding to File for Liquidation As Losses Pile Up

IATA: Green Recovery of Air Transport Remains a Priority
October 1st, 2020 - 07:30 GMT

IATA: Green Recovery of Air Transport Remains a Priority

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