May 27, 2024

Dollar Steadies ahead of Global Inflation Data

Singapore, The dollar held steady on Monday, but was set for its first monthly loss this year, as investors were focused on US, European and Japanese inflation data to guide the global interest rate outlook.

Several major pairs have hugged tight rang…

Oil Prices Close Higher by over 1 Percent

New York: Oil prices on Monday closed high by more than one percent at settlement amid weak trading due to two holidays in the United States and Britain, after a week clouded by the assessment of expectations for reducing US interest rates in the face…

Oman Central Bank Issues Treasury Bills Worth OR 22.03 Million

Muscat: Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 22.03 million.

In a statement on Monday, the OCB said that the maturity period of the bills is 91 days, with an ave…