robust omani riyal exchange rate affirmed
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Robust Omani Riyal exchange rate affirmed

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleRobust Omani Riyal exchange rate affirmed

Robust Omani Riyal exchange rate affirmed
Muscat - BNB

Hamoud bin Sangour Al-Zadjali, Executive President of the Central Bank of Oman (CBO) affirmed the strength and efficiency of the Omani Riyal adding that 'there is no change in its value'.
In a statement to Oman News Agency (ONA), the CBO Executive President dismissed rumors about depreciation of the Omani Riyal exchange rate in some Gulf states adding that the monetary reserves at the Central Bank of Oman are good and enough to cover the Omani Riyals.
He added that the Sultanate's monetary and economic conditions have contributed to enhancing the position of the Omani Riyal either in terms of the exchange rate or the purchase power.
He affirmed that the CBO maintains enough foreign reserves and adopts a monetary and banking policy that enhances monetary stability and maintain the attractiveness of the Omani Riyal as a mean for local savings. This policy ensures stability of the fixed exchange rate of the Omani Riyal which in turns leads to maintaining its purchase power against the different currencies.
'Since 1973, the Sultanate adopts a fixed exchange rate of the Omani Riyals against the U.S dollar; the most important currency in the world and the most used currency in international trade, he furthered.
He concluded: ' The latest data affirms the continuous appreciation of the U.S dollar against other currencies which in turn led to appreciation of the value of the Omani Riyal against such currencies, thus enhancing the purchase power of the Omani Riyal, ONA reported.

Source: BNB

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

robust omani riyal exchange rate affirmed robust omani riyal exchange rate affirmed

 



Themuslimchronicle, themuslimchronicle

GMT 17:22 2012 Thursday ,22 November

Cosmetic brand Pixi unveils SS13 collection

GMT 09:53 2018 Monday ,22 January

Hindi Diwas celebrations at Bhavans Kuwait

GMT 08:06 2018 Wednesday ,17 January

Iran should listen to demands

GMT 12:50 2017 Tuesday ,25 July

Emotional Hosszu retains 200m IM world title

GMT 07:45 2018 Sunday ,07 January

Haggis accused of abusing four women

GMT 14:01 2015 Sunday ,04 January

Can you think your way to strength

GMT 09:02 2016 Thursday ,01 December

The woman who decides what wine presidents drink

GMT 06:21 2017 Thursday ,09 March

Actress Ghada Adel does not care of leading roles

GMT 08:52 2017 Wednesday ,25 October

Anne Frank photo whips up storm

GMT 16:52 2016 Thursday ,08 September

Clinton, Trump war of words escalates as race narrows

GMT 10:10 2015 Thursday ,24 December

Celebrity chefs create gourmet delights

GMT 20:40 2016 Sunday ,03 July

Germany completes Italian job in epic shootout

GMT 22:06 2017 Friday ,10 March

Gold hits lowest since January

GMT 12:02 2012 Friday ,17 August

Lipsy VIP new range

GMT 10:37 2012 Thursday ,26 April

Bond No.9 London Celebration

GMT 12:06 2017 Monday ,13 March

Kajol wraps up shooting for 'VIP 2'

GMT 17:07 2017 Friday ,25 August

Iraqi forces battling in the center of Tal Afar

GMT 11:33 2016 Saturday ,03 September

Loew eyes Germany's rising stars
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle