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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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Survey Shows Investors' Confidence Increasing in UAE
February 9th, 2021 - 12:15 GMT

Survey Shows Investors' Confidence Increasing in UAE

UAE Airlines Obtain Highest 7-Star Safety Rating Against COVID
February 9th, 2021 - 12:00 GMT

UAE Airlines Obtain Highest 7-Star Safety Rating Against COVID

Egypt: Orange to Design, Build ICT Infrastructure for New Administrative Capital
February 9th, 2021 - 11:45 GMT

Egypt: Orange to Design, Build ICT Infrastructure for New Administrative Capital

UAE: Dubai's Residential Capital Values Remain Stable in January
February 9th, 2021 - 11:30 GMT

UAE: Dubai's Residential Capital Values Remain Stable in January

UAE: EITC Posts $3 Billion Revenue for 2020
February 9th, 2021 - 11:15 GMT

UAE: EITC Posts $3 Billion Revenue for 2020

Survey Reveals Reasons behind People Longing for Travel
February 9th, 2021 - 10:30 GMT

Survey Reveals Reasons behind People Longing for Travel

Facebook Blocks Israeli Group for Alleged 'Sexual Activity'
February 9th, 2021 - 10:00 GMT

Facebook Blocks Israeli Group for Alleged 'Sexual Activity'

Who Are the Biggest Winners and Losers of 2020?
February 9th, 2021 - 09:00 GMT

Who Are the Biggest Winners and Losers of 2020?

8 Biggest Crypto Hacks and Scams
February 9th, 2021 - 09:00 GMT

9 Biggest Crypto Hacks and Scams

Vaccinated Travellers Can Now Travel between Israel and Greece
February 9th, 2021 - 08:00 GMT

Vaccinated Travellers Can Now Travel between Israel and Greece

US: Stock Market Closes at Record Levels
February 9th, 2021 - 07:45 GMT

US: Stock Market Closes at Record Levels

Denmark Lifts Ban on UAE Flights
February 9th, 2021 - 07:35 GMT

Denmark Lifts Ban on UAE Flights

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