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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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Turkish-German Airline SunExpress Offers Vacant Middle Seat Option
November 19th, 2020 - 09:30 GMT

Turkish-German Airline SunExpress Offers Vacant Middle Seat Option

UAE's IBC Group to Invest $10 Million in Ethereum 2.0 Launch
November 19th, 2020 - 09:00 GMT

UAE's IBC Group to Invest $10 Million in Ethereum 2.0 Launch

Aramco Signs Long Time Agreement with 8 Companies for Major Oil, Gas Projects
November 19th, 2020 - 08:30 GMT

Aramco Signs Long Time Agreement with 8 Companies for Major Oil, Gas Projects

Lufthansa to Offer Selection of Regional Food in Economy Class
November 19th, 2020 - 08:00 GMT

Lufthansa to Offer Selection of Regional Food in Economy Class

Survey: 79 Percent of ME Enterprises Turn to Digital
November 19th, 2020 - 07:30 GMT

Survey: 79 Percent of ME Enterprises Turn to Digital

Bahrain, Israel Agree to Operate Direct Flights
November 19th, 2020 - 07:00 GMT

Bahrain, Israel Agree to Operate Direct Flights

Back to Business in UAE: How Did Consumers and SMBs React to the Pandemic?
November 18th, 2020 - 04:00 GMT

Back to Business in UAE: Are Consumers and SMBs Ready to Get Over the Pandemic?

How Did the US Election Impact Oil and Gas Sector?
November 18th, 2020 - 02:30 GMT

How Did the US Election Impact Oil and Gas Sector?

Nestlé to Rebrand 2 Candy Products Amid Racism Debate
November 18th, 2020 - 02:00 GMT

Nestlé to Rebrand 2 Candy Products Amid Racism Debate

IMF: Global Economy on the Brink of a Deep Recession Due to COVID-19
November 18th, 2020 - 01:30 GMT

IMF: Global Economy on the Brink of a Deep Recession Due to COVID-19

Revealed: Top 10 Leading Brands in UAE
November 18th, 2020 - 01:00 GMT

Revealed: Top 10 Leading Brands in UAE

US to Approve Boeing 737 MAX Jet Return
November 18th, 2020 - 10:30 GMT

US to Approve Boeing 737 MAX Jet Return

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