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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 25th, 2008 - 03:14 GMT

Japanese Exports Surprisingly Strong On Asian Demand

Al Bawaba
June 25th, 2008 - 02:14 GMT

The Outlook For Growth Sours As Speculation Of A Fed Hike Grows

Al Bawaba
June 25th, 2008 - 01:10 GMT

Euro Steady Ahead of FOMC - Can The Fed Shock With A Rate Hike?

June 25th, 2008 - 10:50 GMT

Saudi Arabian Airlines, Alafco Aviation Lease and Finance announce agreement

Al Bawaba
June 25th, 2008 - 09:30 GMT

Canadian Dollar Sets Up to Offer Range Trade Against Euro

June 25th, 2008 - 08:44 GMT

DP World- UAE launches 1st phase of “Promis” – the new port management system at Jebel Ali Port

June 25th, 2008 - 07:32 GMT

QPI , PetroChina & Shell sign LOI for refinery and petrochemical manufacturing and marketing in China

June 25th, 2008 - 07:17 GMT

S&P reaffirms ratings for Arab Banking Corporation

June 25th, 2008 - 07:01 GMT

Mashreq closes $ 205 Million syndicated credit facility for Omantel with heavy over subscription

Al Bawaba
June 25th, 2008 - 02:17 GMT

Yen Crosses Slip on Weak Japanese Economic Outlook

Al Bawaba
June 25th, 2008 - 02:16 GMT

British Pound Recovers Despite Lack of Data

Al Bawaba
June 25th, 2008 - 02:14 GMT

Euro: France versus Germany

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