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BUSINESS

BUSINESS latest

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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Al Bawaba
June 17th, 2015 - 05:04 GMT

Western Union extends its WU Wish Programme to Kuwait

Nael Eltoukhy
June 17th, 2015 - 04:59 GMT

‘Women of Karantina’, published by AUC press, selected for the fiction longlist of the 2015 FT/OppenheimerFunds Emerging Voices Awards

During the event
June 17th, 2015 - 04:41 GMT

“Made with Our Hands” Fair launched today, sponsored by IBQ

Al Bawaba
June 17th, 2015 - 04:40 GMT

Jordan plans first foray into Islamic bonds

Al Bawaba
June 17th, 2015 - 04:00 GMT

UN report accuses Qatar Airways of discrimination against female staff

Al Bawaba
June 16th, 2015 - 12:48 GMT

After 15 years of closure, Israel permits 70 West Bank shops to reopen for Ramadan

Al Bawaba
June 16th, 2015 - 12:20 GMT

GCC stands to lose $240B due to falling oil prices

The Islamic Information Center clarifies the rules of Islam to visitors
June 16th, 2015 - 12:06 GMT

Dubai Customs brings down the curtain on Sarai Ramadan

During the event
June 16th, 2015 - 12:01 GMT

Imdaad honored by Dubai Silicon Oasis Authority during its 5th Business Excellence Awards

Al Bawaba
June 16th, 2015 - 11:44 GMT

Orange CEO files lawsuit over death threats in boycott spat with Israel

Al Bawaba
June 16th, 2015 - 10:49 GMT

The future of aviation tech: will these innovations take off?

During the event
June 16th, 2015 - 10:12 GMT

University of Dubai seminar calls for increased awareness on threat of identity theft and financial fraud

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