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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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The Singapore-based company uses the Saudi emblem of two crossed swords and a palm tree.
August 21st, 2019 - 06:19 GMT

Singapore-Based Company Tricks Users Into Investing in Saudi Cryptocurrency

During the event
August 20th, 2019 - 06:18 GMT

BisB Honors Fastest Online Finance Top-Up Customer in the Bank

 Mohammed Hamad
August 20th, 2019 - 06:05 GMT

Kuwait Financial House Bahrain Launching Its Open Banking Infrastructure

The statement pointed out that the Ministry diversifies its funding sources between instruments and local and foreign markets
August 19th, 2019 - 12:30 GMT

Egypt Completes the New Unified Law for the General Budget

Abdulla Qassem, Group Chief Operating Officer, Emirates NBD
August 19th, 2019 - 09:47 GMT

Emirates NBD Enhances Data-driven Decision Making as First Global Bank to Leverage SAP Financial Services Data Platform

During the event
August 19th, 2019 - 06:57 GMT

kuwait Finance House Collaborate with Golden Gate to Provide Islamic Financing

From the 49 companies listed on QSE, shares of 46 saw trading today.
August 19th, 2019 - 06:30 GMT

Qatar Stock Market Sees Biggest Daily Gain Since June 20

During the event
August 18th, 2019 - 09:57 GMT

Bank Nizwa Participates in Malaysia Industry Event to Leverage Latest Trends in Islamic Finance

Iranian government authorized crypto mining as an industrial activity
August 18th, 2019 - 09:00 GMT

CBI Announces Trading Crypto Illegal in Iran

Russian economic delegation will visit Iran's northern provinces in near future
August 15th, 2019 - 12:30 GMT

Iran, Russia to Boost Banking Cooperation in Near Future

Some experts are skeptical about the effectiveness of these offices in reducing the phenomenon of illegal speculation in hard currency.
August 15th, 2019 - 11:30 GMT

Central Bank of Tunisia to Allow Foreign Exchange Activities Outside the Banking System

Bahraini commercial banks in Bahrain Bourse have jumped to BD640 million in the first six months of the current year
August 15th, 2019 - 08:00 GMT

Bahrain Government Must Intervene to Curb Banks Charging High Interest Rates

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