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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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China: Alibaba's Founder Slips to Third Richest Man After Disappearing
January 3rd, 2021 - 09:00 GMT

China: Alibaba's Founder Slips to Third Richest Man After Disappearing

OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question
January 3rd, 2021 - 08:30 GMT

OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question

Women to Play Major Role in UN's Creative Economy Program
January 3rd, 2021 - 08:00 GMT

Women to Play Major Role in UN's Creative Economy Program

Egypt: Agricultural Exports Exceed 5 Million Tons in 2020 Despite Virus Outbreak
January 3rd, 2021 - 07:30 GMT

Egypt: Agricultural Exports Exceed 5 Million Tons in 2020 Despite Virus Outbreak

Egypt Inks $1 Billion Oil, Gas Exploration Deals with Top Companies
January 3rd, 2021 - 07:00 GMT

Egypt Inks $1 Billion Oil, Gas Exploration Deals with Top Companies

TikTok Suspends Palestinian News Outlet Account without Notice
January 2nd, 2021 - 10:30 GMT

TikTok Suspends Palestinian News Outlet Account without Notice

Breaking: Bitcoin Hits $30,000 for the First Time Ever
January 2nd, 2021 - 12:42 GMT

Breaking: Bitcoin Hits $30,000 for the First Time Ever

China Approves Sinopharm Vaccine for Market Rollout
December 31st, 2020 - 10:07 GMT

China Approves Sinopharm Vaccine for Market Rollout

India: Talks Between Farmer Unions, Government Make Progress
December 31st, 2020 - 10:06 GMT

India: Talks Between Farmer Unions, Government Make Progress

GCC Traders Invested Heavily in US Tech Companies in 2020
December 31st, 2020 - 09:30 GMT

GCC Traders Invested Heavily in US Tech Companies in 2020

Saudi Arabia: SABIC Localization Initiative to Add $2.35 Billion to the GDP
December 31st, 2020 - 09:00 GMT

Saudi Arabia: SABIC Localization Initiative to Add $2.35 Billion to the GDP

UK to Start Using Oxford/AstraZeneca Vaccine
December 31st, 2020 - 08:35 GMT

UK to Start Using Oxford/AstraZeneca Vaccine

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