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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
May 21st, 2012 - 12:18 GMT

RAK Petroleum announces first quarter profits on back of DNO International results

Al Bawaba
May 21st, 2012 - 11:44 GMT

Exclusive overnight packages at The St. Regis Saadiyat Island Resort for Madonna fans

Saudi Arabia topped the list of Arab states in terms of non-oil trade with the UAE in 2011
May 21st, 2012 - 11:42 GMT

Oil not so slick! Non-oil exports surge in the UAE

During the event
May 21st, 2012 - 11:28 GMT

Burgan Bank and KAMCO re-open virtual dealing room at Kuwait University

Al Bawaba
May 21st, 2012 - 11:23 GMT

Dubai Investments showcases subsidiaries’ line-up of industrial products and services at Build Libya 2012

A researcher in the lab
May 21st, 2012 - 11:12 GMT

Qatar National Research Fund launches its junior Scientists Research Experience Program

Today’s Euro crisis is a clear case of conflict between monetary and fiscal policies
May 21st, 2012 - 10:56 GMT

Economic crisis is a chance to shake up welfare policies, says banking CEO

EMC
May 21st, 2012 - 10:39 GMT

New EMC product, program and practices expand partner cloud opportunities

Al Bawaba
May 21st, 2012 - 10:35 GMT

First WOMART exhibition of 9 male artists is now open

ENOC’s AutoPro
May 21st, 2012 - 10:28 GMT

ENOC’s AutoPro to showcase service portfolio at Automechanika Middle East

Al Bawaba
May 21st, 2012 - 10:10 GMT

Abu-Ghazaleh calls for achieving Arab development through building Arab Knowledge Society

Al Bawaba
May 21st, 2012 - 09:36 GMT

Samsung set to kick off on-site activation for London 2012 Olympic Torch Relay

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