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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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Oil Prices Slip, Fuel Demand Concerns Reignited
January 21st, 2021 - 07:30 GMT

Oil Prices Slip, Fuel Demand Concerns Reignited

Marriott International to Open 100 Properties in Asia Pacific in 2021
January 21st, 2021 - 07:00 GMT

Marriott International to Open 100 Properties in Asia Pacific in 2021

6 Lessons Have MENA Startups Learned During the Pandemic Year
January 20th, 2021 - 04:00 GMT

6 Lessons MENA Startups Have Learned During the Pandemic Year

Lebanese Central Bank Governor Denies Sending Money Abroad
January 20th, 2021 - 03:00 GMT

Lebanese Central Bank Governor Denies Sending Money Abroad

Not Your Average Joe: Can Biden Rescue World Economy?
January 20th, 2021 - 02:30 GMT

Not Your Average Joe: Can Biden Rescue World Economy?

Egypt, Jordan to Strengthen Trade, Economic Bilateral Cooperation
January 20th, 2021 - 02:00 GMT

Egypt, Jordan to Strengthen Trade, Economic Bilateral Cooperation

Travellers Must Test Negative to Enter New Zealand
January 20th, 2021 - 01:30 GMT

Travellers Must Test Negative to Enter New Zealand

Japan Stocks Plummet As Cases in Asia Surge
January 20th, 2021 - 01:00 GMT

Japan Stocks Plummet As Cases in Asia Surge

IMF Okays $2.7 Billion Line of Credit to Panama
January 20th, 2021 - 12:30 GMT

IMF Okays $2.7 Billion Line of Credit to Panama

Royal Jordanian Announces New Measures on Inbound Flights
January 20th, 2021 - 12:00 GMT

Royal Jordanian Announces New Measures on Inbound Flights

Abu Dhabi Government Teams up with Aldar on Developing $12.25 Billion Projects
January 20th, 2021 - 11:30 GMT

Abu Dhabi Government Teams up with Aldar on Developing $12.25 Billion Projects

Alibaba's Jack Ma Reappears After Going AWOL for Months
January 20th, 2021 - 11:00 GMT

Alibaba's Jack Ma Reappears After Going AWOL for Months

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