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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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UAE: Hotel Reservation Rates Grow Significantly Due to Boom in Domestic Tourism
January 5th, 2021 - 11:40 GMT

UAE: Hotel Reservation Rates Grow Significantly Due to Boom in Domestic Tourism

Kuwait Announces Three New Oil Discoveries
January 5th, 2021 - 11:00 GMT

Kuwait Announces Three New Oil Discoveries

UAE Develops Plan to Regulate Operations of Family Businesses
January 5th, 2021 - 10:30 GMT

UAE Develops Plan to Regulate Operations of Family Businesses

Total to Start Gas Explorations in Egypt
January 5th, 2021 - 10:00 GMT

Total to Start Gas Explorations in Egypt

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead
January 5th, 2021 - 09:30 GMT

OPEC+ Challenging Mission to Decide on Production Rates Suggests a Critical Year Ahead

Asian Factory Activity on the Road to Recovery
January 5th, 2021 - 09:00 GMT

Asian Factory Activity on the Road to Recovery

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020
January 5th, 2021 - 08:30 GMT

Germany: Electricity Export Surplus Plummets 46.2 Percent in 2020

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets
January 5th, 2021 - 08:00 GMT

Saudi Arabia Calls for Caution Amid Uncertainty in Global Oil Markets

Are the COVID Vaccines Being Distributed Fairly?
January 5th, 2021 - 07:30 GMT

Are the COVID Vaccines Being Distributed Fairly?

Turkey: 14.60 Percent Annual Hike in Consumer Prices in December 2020
January 5th, 2021 - 07:00 GMT

Turkey: 14.60 Percent Annual Hike in Consumer Prices in December 2020

World's Coolest Winter in Dubai Introduces a New, Richer Touristic Experience
January 4th, 2021 - 04:00 GMT

'World's Coolest Winter' in Dubai Introduces a New, Richer Touristic Experience

Wizz Air Abu Dhabi Adds New Aircrafts to Its Fleet
January 4th, 2021 - 02:00 GMT

Wizz Air Abu Dhabi Adds New Aircrafts to Its Fleet

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