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Banking and Finance

Banking and Finance 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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Indian Rupee Continues Plunging Due to Geopolitical Tensions
January 7th, 2020 - 07:34 GMT

Indian Rupee Continues Plunging Due to Geopolitical Tensions

The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month.
January 6th, 2020 - 11:54 GMT

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

Will the Global Interest Rates Remain Low this Year?
January 5th, 2020 - 11:33 GMT

Will the Global Interest Rates Remain Low this Year?

KPMG Announces Strong FY19 Global Revenue Growth
January 5th, 2020 - 11:23 GMT

KPMG Announces Strong FY19 Global Revenue Growth

UAE: Banks' Funding to Retail Sector Soars to $13.72 Billion
January 5th, 2020 - 08:32 GMT

UAE: Banks' Funding to Retail Sector Soars to $13.72 Billion

Federal Tax Authority Highlights Success of 2-Year VAT Implementation Journey
January 5th, 2020 - 08:25 GMT

Federal Tax Authority Highlights Success of 2-Year VAT Implementation Journey

Lebanon: Number of Banks Closed Due to Furious Clients' Demands
January 5th, 2020 - 08:15 GMT

Lebanon: Number of Banks Closed Due to Furious Clients' Demands

UAE: New Ecosystem for Digital Assets Expected to Emerge in 2020
January 5th, 2020 - 07:26 GMT

UAE: New Ecosystem for Digital Assets Expected to Emerge in 2020

Moroccans Are Now Allowed to Open Hard-Currency Accounts
January 4th, 2020 - 12:18 GMT

Moroccans Are Now Allowed to Open Hard-Currency Accounts

BisB Holds ‘Innovation Camp’ for BIBF Students
January 2nd, 2020 - 06:48 GMT

BisB Holds ‘Innovation Camp’ for BIBF Students

India: Banks’ Exposure to Sensitive Sectors Up at 23.5 Percent
January 2nd, 2020 - 12:57 GMT

India: Banks’ Exposure to Sensitive Sectors Up at 23.5 Percent

Lebanon: Bank Controls Exacerbate Crisis for Students Abroad
December 30th, 2019 - 10:57 GMT

Lebanon: Bank Controls Exacerbate Crisis for Students Abroad

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