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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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How Can Arab Countries Seize the Moment and Use the COVID-19 Crisis to 'Build Back Better'?
February 8th, 2021 - 03:00 GMT

How Can Arab Countries Seize the Moment and Use the COVID-19 Crisis to 'Build Back Better'?

After Serving 5 Years As Palestine's Central Bank Governor, Shawwa Shares Highlights of His Challenging Journey
February 8th, 2021 - 02:30 GMT

After Serving 5 Years As Palestine's Central Bank Governor, Shawwa Shares Highlights of His Challenging Journey

Countries that Legalized 'Crypto Trading' vs. Countries that Didn't
February 8th, 2021 - 02:00 GMT

Countries that Legalized 'Crypto Trading' vs. Countries that Didn't

Breaking: BTC Hits $42,350 for the First Time Ever as Tesla Just Bought $1.5 Billion Worth of Bitcoin
February 8th, 2021 - 01:38 GMT

Breaking: BTC Hits $42,350 for the First Time Ever as Tesla Just Bought $1.5 Billion Worth of Bitcoin

Pfizer Predicts $15 Billion from COVID Vaccine Sales in 2021
February 8th, 2021 - 01:30 GMT

China Approves for Broader Use of Sinovac Vaccine

Aramco Remains Second-Most Expensive, Strongest Brand in Oil, Gas Industry
February 8th, 2021 - 01:00 GMT

Aramco Remains Second-Most Expensive, Strongest Brand in Oil, Gas Industry

UK Mulls Taxing Companies that Profited from COVID
February 8th, 2021 - 12:45 GMT

UK Mulls Taxing Companies that Profited from COVID

Mideast Sports Industry Projected to Grow by 8.7 Percent in the Coming 5 Years
February 8th, 2021 - 12:00 GMT

Mideast Sports Industry Projected to Grow by 8.7 Percent in the Coming 5 Years

DP World Container Volumes Soar 7.6 Percent in Q4 2020
February 8th, 2021 - 11:30 GMT

DP World Container Volumes Soar 7.6 Percent in Q4 2020

Qatar to Construct Hospital in Gaza
February 8th, 2021 - 11:00 GMT

Qatar to Construct Hospital in Gaza

South Africa Temporarily Halts Use of AstraZeneca Vaccine
February 8th, 2021 - 10:30 GMT

South Africa Temporarily Halts Use of AstraZeneca Vaccine

What is 2021 Holding for the GCC Financial Markets?
February 8th, 2021 - 09:30 GMT

What is 2021 Holding for the GCC Financial Markets?

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