Thursday, 02 May 2024

OMR / USD

Recent News

  • Muscat urges rial-based trade with Tehran

    04:33 | 19/3/18
    Tehran Times
    TEHRAN- According to Omani Foreign Minister Yusuf bin Alawi bin Abdullah cutting reliance on foreign currencies and using Iranian and Omani rial in trade transactions between the two Persian Gulf countries is one of the major requirements to enhance ... more»

  • Moody's cuts Oman's rating on fiscal deficit, subdued economic growth

    22:22 | 17/3/18
    The National
    ... plans to finance 84 per cent of its 2018 fiscal deficit - or 2.5bn Omani rials ($6.5bn) - via domestic and foreign borrowings, with remaining 500m rial deficit being serviced via drawdowns of reserves. more»

  • Sembcorp Industries sells stake in Omani utilities developer for 984740 Omani rial

    00:26 | 6/3/18
    The Business Times
    A SUBSIDIARY of Sembcorp Industries has agreed to sell its stake in Omani utilities developer Centralised Utilities Company to Oman Oil's Facilities Development Company for 984,740 Omani rial (S$3.38 million). With the sale, Sembcorp Utilities (Oman ... more»

  • Minimum income reduced for family member sponsorship

    10:00 | 10/10/17
    Lexology
    What is the change? Oman has lowered the minimum income required of expatriate workers to sponsor family members. What does the change mean? more»

  • Oman: Hospitality, Heritage And Beauty Leave an Impact

    23:07 | 6/10/17
    News18
    As a strict vegetarian, having preconceived notions about my maiden international visit to the Gulf, and that too to Oman, wasn't unusual. more»

  • Oman Announces Visa On Arrival Scheme For Indians

    19:33 | 6/10/17
    Little India
    Oman Airports Management Company said in a statement that the visa will be granted for a period of one month for a fee of 20 Omani rial (Rs 3,400). The spouse and children of the visa holder would also be allowed to enter the Sultanate, it said. more»

  • Oman committed to rial's dollar peg, says Central Bank of Oman Board

    06:48 | 4/10/17
    Times of Oman
    The Board of Governors also reiterated its commitment to the current exchange rate regime whereby the Omani rial is pegged to the US dollar and this is due to the realised benefits to the Omani economy in terms of price stability and promoting economic ... more»

  • Bank deposits, credit up

    03:45 | 19/9/17
    Oman Tribune
    Narrow money stock (M1) registered a year-on-year decline of 6.2 per cent to 5.1 billion rials. However, quasi-money (Rial Omani saving and time deposits, certificates of deposit issued by banks, margin deposits and foreign currency denominated ... more»

  • Banks in Oman achieve 6.6% growth in credit at OMR23b

    01:30 | 21/8/17
    Times of Oman
    As far as interest rate structure of conventional banks are concerned, the weighted average interest rate on rial Omani deposits increased to1.621 per cent in June 2017 from 1.182 per cent a year ago, while the weighted average rial Omani lending rate ... more»

  • Bank deposits increase 4.4% to 19b rials

    03:56 | 16/7/17
    Oman Tribune
    However, quasi-money (Omani rial saving and time deposits, certificates of deposit issued by banks, margin deposits and foreign currency denominated deposits) witnessed growth of 5.3 percent during the period. more»
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Currencies
CodeLastChange
EURUSD0.97210.00550.56%
NZDUSD0.55480.00931.65%
AUDUSD0.61940.01071.70%
NZDAUD0.89640.00100.11%