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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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During the event
October 23rd, 2019 - 08:10 GMT

KFH Group Establishes a Partnership With Brilliant Lab

During the event
October 23rd, 2019 - 07:47 GMT

Ajman Bank Wins GCC’s Best Brand Citation Award

National Bank of Fujairah
October 23rd, 2019 - 07:11 GMT

National Bank of Fujairah PJSC NBF Delivered Strong Nine Months Profit of Dh511.6 Million, up 10.7% Demonstrating Good Business Momentum

Foreign states should now help with moves to support Lebanon
October 23rd, 2019 - 06:08 GMT

Lebanese Banks Remain Shut for a Fifth Working Day

The global trading system needs to be improved, not abandoned
October 22nd, 2019 - 11:30 GMT

IMF: Policymakers Must Undo Trade Barriers to Revive Global Growth

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
October 22nd, 2019 - 06:35 GMT

H.E. Obaid Humaid Al Tayer Meets With IMF and WBG Officials and Attends UAE Banks Reception

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank
October 21st, 2019 - 11:20 GMT

Burgan Bank Posts Strong Earnings With Q3’19 Net Income of Kd22.7 Million

National Bank of Oman
October 21st, 2019 - 11:01 GMT

NBO’s New Systematic Investment Plan Set to Increase Clients’ Savings Opportunities in Oman

More than a quarter of the Lebanese population lives below the poverty line, according to the World Bank.
October 21st, 2019 - 08:08 GMT

Lebanon Banks Remain Closed on Monday

The RBI has banned the use of cryptocurrencies in India.
October 21st, 2019 - 07:23 GMT

India: Every Country Should be Cautious Before Rushing into Cryptocurrencies

During the event
October 20th, 2019 - 11:39 GMT

Mastercard and Saudi Payments Explore Future of Payments at Saudi Ecommerce Forum 2019

Mohamed Abdel-Hamid Abdel-Razek
October 20th, 2019 - 10:11 GMT

Standard Chartered Appoints Regional Chief Information Officer for Africa and the Middle East and Islamic Banking

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