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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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India: The Reasons Behind Privatising Public Sector Banks
February 11th, 2021 - 08:00 GMT

India: The Reasons Behind Privatising Public Sector Banks

Zimbabwe to Receive 800,000 Doses of Chinese Sinopharm Vaccine
February 11th, 2021 - 07:30 GMT

Zimbabwe to Receive 800,000 Doses of Chinese Sinopharm Vaccine

Saudi Arabia's GDP Soars 2.8 Percent in Q4 2020
February 11th, 2021 - 07:00 GMT

Saudi Arabia's GDP Soars 2.8 Percent in Q4 2020

Masdar Acquires US Clean Energy Projects, Creates 2000 Jobs
February 10th, 2021 - 02:30 GMT

Masdar Acquires US Clean Energy Projects, Creates 2000 Jobs

Saudi Arabia Grants Properties Permission to Use Solar Panels
February 10th, 2021 - 02:00 GMT

Saudi Arabia Grants Properties Permission to Use Solar Panels

UAE: DXB Entertainments Reports $39.2 Million in Revenues
February 10th, 2021 - 01:30 GMT

UAE: DXB Entertainments Reports $39.2 Million in Revenues

UAE Among Top 5 Competitive Global Markets
February 10th, 2021 - 01:00 GMT

UAE Among Top 5 Competitive Global Markets

Facebook Cracks Down on Vaccine Misinformation
February 10th, 2021 - 12:30 GMT

Facebook Cracks Down on Vaccine Misinformation

UAE: 7 Drivers of Real Estate Recovery in 2021
February 10th, 2021 - 12:00 GMT

UAE: 7 Drivers of Real Estate Recovery in 2021

Petrofac Secures Well Project Management Contract in Australia
February 10th, 2021 - 11:30 GMT

Petrofac Secures Well Project Management Contract in Australia

Mubadala Acquires Petrobras Refinery for $1.65 Billion
February 10th, 2021 - 11:00 GMT

Mubadala Acquires Petrobras Refinery for $1.65 Billion

GCC: Construction Market Completes Projects worth $196 Billion in 2020
February 10th, 2021 - 10:30 GMT

GCC: Construction Market Completes Projects worth $196 Billion in 2020

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