ABU DHABI/WAM New members of the Abu Dhabi Executive Council were sworn in before UAE …
Read More »â€˜Oman has means to maintain its currency peg’
Bloomberg Oman has the means to maintain its currency peg and has no plans to change it even though the decline in oil prices has hurt its finances, central bank Governor Tahir Al Amri said. Oman’s gross foreign currency reserves, which stood at $19.6 billion at the end of January, are enough to cover nearly nine months’ worth of imports, …
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