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, ...

BUCHAREST / Reuters Romania’s central bank kept its benchmark interest rate on hold at 2.25 percent on Wednesday, it said, likely waiting to assess the impact of two consecutive hikes it delivered earlier this year on rising inflation. Nine of ten analysts polled by Reuters last month had expected the bank to hike interest rates by a quarter point. A ...

Bloomberg India’s government kicked off a party in the bond market last week. And the central bank won’t want to spoil that. While Governor Urjit Patel and his monetary policy committee have turned more hawkish on inflation recently, they are set to hold the benchmark interest rate at 6 percent, according to all 26 economists in a Bloomberg survey. That ...