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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 26th, 2008 - 05:06 GMT

Dollar Bear Trend Accelerates: Expect Continuation

Al Bawaba
June 26th, 2008 - 05:06 GMT

Dollar Bear Trend Accelerates: Expect Continuation

Al Bawaba
June 26th, 2008 - 02:55 GMT

German Import Prices Rose The Most In Almost 18 Years, Will Trichet Raise Rates?

Al Bawaba
June 26th, 2008 - 02:55 GMT

German Import Prices Rose The Most In Almost 18 Years, Will Trichet Raise Rates?

Al Bawaba
June 26th, 2008 - 02:07 GMT

Speculative Short Pound Interest High As Traders Bet On The Range

Al Bawaba
June 26th, 2008 - 02:07 GMT

Speculative Short Pound Interest High As Traders Bet On The Range

Al Bawaba
June 26th, 2008 - 01:13 GMT

Euro Consolidates Post FOMC; EURJPY- The Flavor of the Day?

Al Bawaba
June 26th, 2008 - 01:13 GMT

Euro Consolidates Post FOMC; EURJPY- The Flavor of the Day?

Al Bawaba
June 26th, 2008 - 11:14 GMT

Australian Dollar to Rise Against Kiwi, Hedge Offers Entry

Al Bawaba
June 26th, 2008 - 11:14 GMT

Australian Dollar to Rise Against Kiwi, Hedge Offers Entry

Al Bawaba
June 26th, 2008 - 10:28 GMT

Will A Contracting Economy Sink The New Zealand Dollar?

Al Bawaba
June 26th, 2008 - 10:28 GMT

Will A Contracting Economy Sink The New Zealand Dollar?

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