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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
July 1st, 2008 - 08:19 GMT

Euro Technical Outlook

Al Bawaba
July 1st, 2008 - 08:09 GMT

Euro Triangle Still Possible: Short Term Bearish Implications

Al Bawaba
July 1st, 2008 - 08:09 GMT

Euro Triangle Still Possible: Short Term Bearish Implications

Al Bawaba
July 1st, 2008 - 06:17 GMT

US ISM Manufacturing Signals Expansion For First Time In 5 Months, Prices Paid Hits 34-Year High

Al Bawaba
July 1st, 2008 - 06:17 GMT

US ISM Manufacturing Signals Expansion For First Time In 5 Months, Prices Paid Hits 34-Year High

Al Bawaba
July 1st, 2008 - 06:09 GMT

US ISM Manufacturing Signals Expansion For First Time In 5 Months, Prices Paid Hits 34-Year High

Al Bawaba
July 1st, 2008 - 06:09 GMT

US ISM Manufacturing Signals Expansion For First Time In 5 Months, Prices Paid Hits 34-Year High

Al Bawaba
July 1st, 2008 - 05:39 GMT

ECB: Are They About to Become the Most Hawkish (and Unpopular) Central Bank Around?

Al Bawaba
July 1st, 2008 - 05:39 GMT

ECB: Are They About to Become the Most Hawkish (and Unpopular) Central Bank Around?

Al Bawaba
July 1st, 2008 - 03:01 GMT

U.K. Economy Takes Step Towards Recession, Can The BoE Hike Rates?

Al Bawaba
July 1st, 2008 - 03:01 GMT

U.K. Economy Takes Step Towards Recession, Can The BoE Hike Rates?

Al Bawaba
July 1st, 2008 - 01:10 GMT

Pound Nears 2.00 Euro Holds Steady -Will US Manufacturing Worsen?

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