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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
September 15th, 2019 - 08:36 GMT

UOBD’s 2nd Academic Year Welcomes New Students and Adds Majors

Naser Mohammad Al Qaisi
September 15th, 2019 - 07:26 GMT

Burgan Bank Revamps Its Al Thuraya Salary Account to Now Provide a New Range of Options and Features

The project, launched last year, has been met with caution by banks.
September 14th, 2019 - 11:00 GMT

Europe to Launch Public Digital Currency

NCB Capital Company
September 12th, 2019 - 11:37 GMT

NCB Capital Aircraft Leasing Platform Expands

Yousif Mirza
September 12th, 2019 - 11:14 GMT

CrediMax Launches Its Contactless Payment Service on Its Point of Sale Machines

Euromoney conferences
September 12th, 2019 - 08:59 GMT

Saudi Finance Minister to open Euromoney Saudi Arabia 2019

During the event
September 12th, 2019 - 08:50 GMT

Gulf International Bank Wins Eight Awards at the 2019 Global Finance Magazine Awards

Bank ABC
September 12th, 2019 - 06:55 GMT

Bank ABC's AI-Powered Digital Employee ‘Fatema’ Is the World's First Digital DNA Human

Emirates NBD
September 11th, 2019 - 10:12 GMT

ENBD REIT Completes Share Buy-Back Programme

Three-months deposits, which have been steadily growing over the recent months, account for 55.3 percent of total deposits held by UAE banks.
September 11th, 2019 - 10:04 GMT

UAE Banks' 3-Month Deposits Soar to $145 Billion in July

Bank Nizwa
September 11th, 2019 - 09:49 GMT

Islamic Banking for All by Bank Nizwa With Ibri Branch Joining the Bank’s Network

During the ceremony
September 11th, 2019 - 09:10 GMT

Abu Dhabi Global Market Awards Cat 1 Bank Status to the Worlds’ First Licensed Digital Trade Bank

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