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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: Petchem Sector On Track to Recovery
September 29th, 2020 - 11:00 GMT

Saudi Arabia: Petchem Sector On Track to Recovery

Saudi's King Salman Energy Park Granted Silver Level LEED Certification
September 29th, 2020 - 10:35 GMT

Saudi's King Salman Energy Park Granted Silver Level LEED Certification

Jordan: Local Retail Bears the Brunt As Online Shopping Rises
September 29th, 2020 - 10:00 GMT

Jordan: Local Retail Bears the Brunt As Online Shopping Rises

Siemens Energy's IPO:  A Road to the Future of Energy Markets
September 29th, 2020 - 09:30 GMT

Siemens Energy's IPO: A Road to the Future of Energy Markets

Oman Air to Resume Flights to These Countries by October
September 29th, 2020 - 09:00 GMT

Oman Air to Resume Flights to These Countries by October

Oil Demand Falls Over Fears of Pandemic Second Wave
September 29th, 2020 - 08:40 GMT

Oil Demand Falls Over Fears of Pandemic Second Wave

G20 Endorses Saudi Arabia’s Circular Carbon Economy Approach
September 29th, 2020 - 08:00 GMT

G20 Endorses Saudi Arabia’s Circular Carbon Economy Approach

Emirati Consortium Mulls Implementing $500 Million Wind Energy Project in Egypt
September 29th, 2020 - 07:30 GMT

Emirati Consortium Mulls Implementing $500 Million Wind Energy Project in Egypt

Facebook to Remove Popular Game FarmVille On December 31
September 29th, 2020 - 07:00 GMT

Facebook to Remove Popular Game FarmVille On December 31

UAE: Unemployment Rate at 2.2 Percent, Among Lowest Globally
September 29th, 2020 - 06:30 GMT

UAE: Unemployment Rate at 2.2 Percent, Among Lowest Globally

UAE to Become AI Capital in 10 Years
September 29th, 2020 - 06:05 GMT

UAE to Become AI Capital in 10 Years

Startups vs. SMEs in GCC: Different Sides of the Same Coin?
September 28th, 2020 - 03:00 GMT

Startups vs. SMEs in GCC: Different Sides of the Same Coin?

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