Category: Industry

Dollar Falls on US Rate Cut Expectations

The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a US easing cycle that markets are betting may begin with an outsized rate cut.

The euro hovered around $1.1123 in the Asia session, not far from the…

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OCB Issues Treasury Bills Worth OR 30 Million

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.

The bank said, in a statement Monday, that the interest rate on repurchase operations with the Oman Central…

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Gold hits all-time high

Washington – Ma’an – Gold prices rose in trading on Monday and reached a new historical peak with the decline of the dollar index.

In morning trading, futures for the precious metal rose 0.12% to $2,616.1 per ounce, the highest level in the history o…

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Gold hits all-time high

Washington – Ma’an – Gold prices rose in trading on Monday and reached a new historical peak with the decline of the dollar index.

In morning trading, futures for the precious metal rose 0.12% to $2,616.1 per ounce, the highest level in the history o…

Read More