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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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Report: EV Stock to Hit 5 Percent of Global Car Fleet by 2025
September 28th, 2020 - 01:30 GMT

Report: EV Stock to Hit 5 Percent of Global Car Fleet by 2025

Aramco, Sabic, IEEJ Ship 40 Tons of Blue Ammonia to Japan
September 28th, 2020 - 01:00 GMT

Aramco, Sabic, IEEJ Ship 40 Tons of Blue Ammonia to Japan

Oil Demand Projected to Peak After 10 Years
September 28th, 2020 - 12:30 GMT

Oil Demand Projected to Peak After 10 Years

Abu Dhabi: Adnoc L&S Inks 25-Year Agreement to Service Petroleum Ports
September 28th, 2020 - 12:00 GMT

Abu Dhabi: Adnoc L&S Inks 25-Year Agreement to Service Petroleum Ports

SpaceX to Launch 13th Cluster of Starlink Satellite
September 28th, 2020 - 11:30 GMT

SpaceX to Launch 13th Cluster of Starlink Satellite

Chinese Investors Pour Cash into Alibaba's Fintech Arm IPO
September 28th, 2020 - 11:00 GMT

Chinese Investors Pour Cash into Alibaba's Fintech Arm IPO

No-Brexit Deal Won't Spook Traders into Dumping UK Assets
September 28th, 2020 - 10:30 GMT

No-Brexit Deal Won't Spook Traders into Dumping UK Assets

Saudi Arabia to Rationalize Sustainable Energy with New Project
September 28th, 2020 - 10:00 GMT

Saudi Arabia to Rationalize Sustainable Energy with New Project

US Court Temporarily Stops Trump’s TikTok Ban
September 28th, 2020 - 09:30 GMT

US Court Temporarily Stops Trump’s TikTok Ban

S&P: Saudi Arabia's Outlook Stable with A-/A-2 Ratings
September 28th, 2020 - 09:00 GMT

S&P: Saudi Arabia's Outlook Stable with A-/A-2 Ratings

Egypt Unveils $3.4 Million Hydrocracking Complex to Produce Petroleum products
September 28th, 2020 - 08:30 GMT

Egypt Unveils $3.4 Million Hydrocracking Complex to Produce Petroleum products

Fired Employees Must be Paid Housing Allowance Until They Leave UAE
September 28th, 2020 - 08:10 GMT

Fired Employees Must be Paid Housing Allowance Until They Leave UAE

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