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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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Turkey: Foreign Currency Demand Soars Amid Lira's Freefall
August 18th, 2020 - 06:00 GMT

Turkey: Foreign Currency Demand Soars Amid Lira's Freefall

GFH Reports Financial Results for First Half 2020
August 18th, 2020 - 05:59 GMT

GFH Reports Financial Results for First Half 2020

BMW Group Middle East Launches Summer Festival Featuring Fortnite
August 18th, 2020 - 05:29 GMT

BMW Group Middle East Launches Summer Festival Featuring Fortnite

Education City Stadium: A Lesson in Sustainability
August 18th, 2020 - 05:14 GMT

Education City Stadium: A Lesson in Sustainability

What Does the Future Hold for Cryptocurrencies in the Middle East?
August 17th, 2020 - 03:00 GMT

What Does the Future Hold for Cryptocurrencies in the Middle East?

6 Points You Need to Do When Restarting Business
August 17th, 2020 - 02:30 GMT

6 Points You Need to Do When Restarting Business

This is How Covid-19 Might Impact Trade Costs
August 17th, 2020 - 02:00 GMT

This is How Covid-19 Might Impact Trade Costs

Japan: Economy Contracts by 27.8 Percent in Q2 Due to COVID-19
August 17th, 2020 - 01:30 GMT

Japan: Economy Contracts by 27.8 Percent in Q2 Due to COVID-19

South Korea: Sales of Hyundai's Genesis Surpass Mercedes-Benz Sales
August 17th, 2020 - 01:00 GMT

South Korea: Sales of Hyundai's Genesis Surpass Mercedes-Benz Sales

This How India is Securing Their Energy Future
August 17th, 2020 - 12:30 GMT

This How India is Securing Their Energy Future

UAE: Employees Seek Compensation for 'Working from Home' Expenses
August 17th, 2020 - 12:00 GMT

UAE: Employees Seek Compensation for 'Working from Home' Expenses

Jean-Christophe Gerard Appointed CEO, Barclays Private Bank
August 17th, 2020 - 11:40 GMT

Jean-Christophe Gerard Appointed CEO, Barclays Private Bank

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