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Indian rupee falls to new low against Omani rial - Times of Oman

Muscat: The value of Indian rupee against the Omani rial has drastically fallen, with the value of OMR1 reaching INR184. This fall in the value of INR has pushed several Indian expats to send more money back home. Global Exchange CEO, Madhusudhan ... Leggi

Indian Rupee tumbles against Omani Rial - Times of Oman

"For the first time in the history, the value of a single Omani Rial reached a high of INR183.15. The RBI intervening now won't help much, since the Rupee fall has been due to international reasons outside their control.” - Madhusudhan, CEO, Global ...altro » Leggi

60 per cent rupee value dip against Omani rial not all good for ... - Times of Oman

Some 10 years ago, the exchange rate was some Rs.115.87 for a rial, which means that the remittance potential has shot up by 60 per cent in that time, even if salaries have stayed the same for some people. One rial is now worth Rs.186.05, and PK ... Leggi

Narrow money in Oman grows by 3.3% - Times of Oman

Muscat: Narrow money stock (M1) recorded a yearly growth of 3.3 per cent to OMR5.3 billion, while quasi-money (Omani rial saving and time deposits, certificates of deposit issued by banks, margin deposits and foreign currency denominated deposits) ... Leggi

Further fall of Indian rupee expected - Muscat Daily

After breaching the 71-mark against the US dollar, the Indian rupee slipped further through last week to trade at 71.95 against the dollar on Thursday even as its value against the Omani rial fell drastically to R185.76. While this historic fall in the ... Leggi

Slide of Indian rupee affects expatriate investors - Times of Oman

Muscat: The slide of the Indian rupee will impact Oman-based expat investors, depending on what they spend their money on, advisors say. Thousands of non-resident Indians (NRIs) who have invested their money in leveraged Indian rupee deposit schemes ...altro » Leggi

Commercial banks record 6.1% loan growth in H1 - Muscat Daily

Total foreign assets at the Central Bank of Oman (CBO) amounted to RO6.12bn at the end of June this year, a decline of 8.5 per cent over the same period of 2017 when foreign assets had hit RO6.69bn. The real exchange rate of Omani rial rose by 4.1 per ... Leggi

Protests over weakening currency paralyse Aden - Times of Oman

The Yemeni rial has lost more than half its value against the US dollar since the start of a civil war in 2015 between the internationally recognised government, based in the south and backed by Saudi Arabia, and the Houthi movement which controls the ...altro » Leggi

Europe cannot save N-deal, help economy: Khamenei - Times of Oman

London: Iran's Supreme Leader Ayatollah Ali Khamenei on Wednesday cast doubt on the ability of European countries to save Iran's 2015 nuclear accord with world powers, now under threat following a US withdrawal, and said Tehran might abandon the ... Leggi

Indian Rupee falls to new low - Times of Oman

The value of Indian Rupee against the Omani Rial has drastically fallen, with the value of OMR1 reaching INR184. According to one of the exchange experts, there were a couple of worrying factors that could affect the value of the rupee further. “First ... Leggi