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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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Here are the Tech Winners and Losers of 2020
December 29th, 2020 - 03:45 GMT

Here are the Tech Winners and Losers of 2020

Kuwait to Reopen Borders on Jan 2 2021
December 29th, 2020 - 03:40 GMT

Kuwait to Reopen Borders on Jan 2 2021

Jordan: 206 Foreign Investors Granted Citizenship Since October 2 2020
December 29th, 2020 - 03:30 GMT

Jordan: 206 Foreign Investors Granted Citizenship Since October 2 2020

Saudi Aramco Announces Alliance with SAP to Expand Digitalization
December 29th, 2020 - 01:30 GMT

Saudi Aramco Announces Alliance with SAP to Expand Digitalization

The Pandemic Year: Recap of 2020 Major Business News
December 29th, 2020 - 01:03 GMT

The Pandemic Year: Recap of 2020 Major Business News

Google Rejects Uganda's Request to Close 17 YouTube Channels
December 29th, 2020 - 01:00 GMT

Google Rejects Uganda's Request to Close 17 YouTube Channels

UAE: Car Sales Set to Hit 2019 Level in 2022-23
December 29th, 2020 - 12:30 GMT

UAE: Car Sales Set to Hit 2019 Level in 2022-23

Saudi Arabia: STC, eWTP Partner with Alibaba Cloud for Public Cloud Services
December 29th, 2020 - 11:00 GMT

Saudi Arabia: STC, eWTP Partner with Alibaba Cloud for Public Cloud Services

Bahrain to Ink Key Oil Deals in 2021
December 29th, 2020 - 10:30 GMT

Bahrain to Ink Key Oil Deals in 2021

Telecom Operators to Invest Up to $890 Billion on 5G Networks
December 29th, 2020 - 10:00 GMT

Telecom Operators to Invest Up to $890 Billion on 5G Networks

Oman Air, Qatar Airways Expand Codeshare Cooperation
December 29th, 2020 - 09:30 GMT

Oman Air, Qatar Airways Expand Codeshare Cooperation

UAE Extends Tourist Visas for 1 Month Without Fees
December 29th, 2020 - 09:00 GMT

UAE Extends Tourist Visas for 1 Month Without Fees

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