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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 15th, 2015 - 07:02 GMT

Jordan's green corridor projects get a €90M injection from France

Al Bawaba
June 15th, 2015 - 06:36 GMT

Iran nuclear negotiations' hack could do more than surveillance: experts

Etihad Airways
June 15th, 2015 - 06:34 GMT

Etihad Airways and Hong Kong Airlines expand codeshare with enhanced connectivity to Abu Dhabi and Europe

Al Bawaba
June 15th, 2015 - 05:52 GMT

Qatar looks to renewable energy to meet unprecedented growth in demand

Al Bawaba
June 15th, 2015 - 05:42 GMT

The Sanctuary re-opens for the Summer of 2015

Al Bawaba
June 15th, 2015 - 05:36 GMT

Mixed forecast for Ramadan sales: analysts

Al Bawaba
June 15th, 2015 - 04:59 GMT

Bahrain: Saudi development fund grants $670m for infrastructure and housing projects

During the event
June 15th, 2015 - 04:43 GMT

Land Rover joins Egyptian Red Crescent and Swiss Red Cross to combat poverty

Al Bawaba
June 15th, 2015 - 04:34 GMT

mWallet gets the green light in the UAE

Al Bawaba
June 15th, 2015 - 03:55 GMT

Faculty of Law at the University of Dubai hosts an arbitral hearing regarding a commercial lawsuit

Al Bawaba
June 14th, 2015 - 05:21 GMT

Saudi market opening to foreigners a $1T opportunity

Al Bawaba
June 14th, 2015 - 03:36 GMT

Queen Elizabeth II bestows honours on two Egyptians for outstanding services to British society

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