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  • 52wk High:
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Currency News

This week's international HR headlines: minimum wages in Oman, retention ...

08 Sep 2017 05:29CIPD (blog)
Low-paid workers in Oman are calling for an increase in the minimum wage, from 325 Omani rial per month to 450. A petition has been launched by worker Abdulrahim Al Saadi, who is planning to file it to the elected legislative body, Majlis Al Shura ... more

World's Second-Longest Serving Central Banker Out in Oman

06 Sep 2017 01:24Bloomberg
Under Al-Zadjali, the central bank has repeatedly said it would maintain its currency peg to the dollar despite mounting investor pressure. more

2m-rial credit limit okayed

05 Aug 2017 12:03Oman Tribune
The Board of Directors of the Export Credit Guarantee Agency of Oman (Credit Oman) approved a total credit limit of 2,278,000 rials during a meeting held under HE Said Bin Saleh Al Kiyoumi, Chairman of the Board of Directors of Oman Chamber of ... more

Oman's dollar peg under pressure as weak oil prices hit state finances

18 Jul 2017 01:45The National
Forward contracts for the Omani rial, which is pegged at a rate of 0.39 rial to the dollar, jumped to a five-month high in June, according to prices compiled by Bloomberg. more

Security features fetch rial award

29 Mar 2017 14:41Oman Tribune
The 45th National Day commemorative one-rial note has won the Special Achievement Award at the security currency printing conference held on Tuesday in the Azerbaijan capital city of Baku. more

Omani Rials still changeable in Saudi Arabia

19 Feb 2017 01:30Times of Oman
SAMA said that they did not issue directives to stop exchanging Omani Rials, according to Saudi publication Okaz. A rumor was spread among the exchange houses in Saudi Arabia, regarding a 0.5 percent customs tax on Omani Rial transfers. “We talked to ... more

Omani rial depreciation rumours dismissed by CBO boss

15 Feb 2017 12:40Times of Oman
'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 rial against such currencies, thus enhancing the purchase power of the Omani rial, he concluded. more

CBO cautions exchange houses over Omani rial, dirham rates

14 Feb 2016 12:00Times of Oman
The CBO sent a circular to all foreign exchange companies operating in the Sultanate indicating that it has come to its notice that some foreign exchange companies provide remarkably varying exchange rate for the Omani rial against the UAE Dirham ... more
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