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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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Investors Pledge Rs10 Billion Revival Plan for India's Jet Airways
November 9th, 2020 - 12:30 GMT

Investors Pledge Rs10 Billion Revival Plan for India's Jet Airways

Dubai: Non-Oil Private Sector Registers Slowest Output Growth in 5 Months
November 9th, 2020 - 12:00 GMT

Dubai: Non-Oil Private Sector Registers Slowest Output Growth in October

Ryse Energy Moves Global HQ to UAE's Masdar City
November 9th, 2020 - 11:30 GMT

Ryse Energy Moves Global HQ to UAE's Masdar City

Mubadala Leads $700 Million Funding for US Start-Up
November 9th, 2020 - 11:00 GMT

Mubadala Leads $700 Million Funding for US Start-Up

Virgin Hyperloop Makes History with First Passengers Ride
November 9th, 2020 - 10:30 GMT

Virgin Hyperloop Makes History with First Passengers Ride

Did You Leave UAE Without Settling Unpaid Credit Card Dues? Here's What You Need to Do
November 9th, 2020 - 10:00 GMT

Did You Leave UAE Without Settling Unpaid Credit Card Dues? Here's What You Need to Do

Over $350 Billion Projected to be Invested in ME's Theme Parks, Leisure Attractions
November 9th, 2020 - 09:30 GMT

Over $350 Billion Projected To Be Invested in Me's Theme Parks, Leisure Attractions

Why Middle East Entrepreneurs Eye China As Their Next Target Market
November 9th, 2020 - 09:00 GMT

Why Middle East Entrepreneurs Eye China As Their Next Target Market

Saudi G20 Endorses New Platform for Circular Carbon Economy
November 9th, 2020 - 08:30 GMT

Saudi G20 Endorses New Platform for Circular Carbon Economy

flydubai to Operate 14 Flights from Tel Aviv to UAE
November 9th, 2020 - 08:00 GMT

flydubai to Operate 14 Flights from Tel Aviv to UAE

Study Reveals The Salary Range Students Are Expecting In UAE
November 9th, 2020 - 07:30 GMT

Study Reveals The Salary Range Students Are Expecting In UAE

PwC: Companies Need to Improve Working Capital Performance in the Middle East
November 9th, 2020 - 07:00 GMT

PwC: Companies Need to Improve Working Capital Performance in the Middle East

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