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    ZAR
  • 49.858
  • 0.112
    0.226%
  • Bid:
    0.000
  • Ask:
    0.000
  • High:
    50.143
  • Low:
    49.658
  • 52wk High:
    51.737
  • 52wk Low:
    45.247
  • 06:27
    Apr, 19
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Currency News

Omani rial's dollar peg safe, say experts after Fed rate hike

18 Mar 2017 13:00Times of Oman
He added: “The Omani rial is pegged to the US dollar and if anyone opens the home page of the Central Bank of Oman he would immediately verify that at the end of December 2016 the Foreign Assets of the Central Bank stood at OMR7,791m, while the ... more

OAB completes first locally listed Omani Rial Perpetual Bonds issue

29 Dec 2016 00:56Zawya
Oman Arab Bank successfully concluded its issue of Omani Rial denominated Perpetual Bonds, raising RO 30 million as Additional Tier 1 capital. more

OAB completes first locally listed Omani rial perpetual bond issue of OMR30m

28 Dec 2016 06:30Times of Oman
Muscat: Oman Arab Bank has concluded its issue of Omani rial denominated perpetual bonds, raising OMR30 million as additional tier 1 capital. more

Omani rial peg to US dollar is under no threat, says Central Bank of Oman

05 Sep 2016 12:04Zawya
Muscat - The Omani rial peg to the US dollar will continue and there is no need at present for any alteration thanks to financial stability. more

Omantel prices $130 mln via 5-yr dual-currency sukuk -leads

27 Jan 2016 05:48Reuters
The joint placement agents for the dollar tranche were Bank ABC, HSBC, National Bank of Oman and Standard Chartered Bank, while the placement agents for the Omani rial tranche were National Bank of Oman and Standard Chartered, the document ... more

Reporter's notebook: How far does the rial go in Oman?

08 Nov 2015 14:48The National
MUSCAT // Why are taxis in Oman so expensive? It's a question many visitors to the country ask themselves. Hail a taxi in Muscat and a six-kilometre ride can cost as much as five Omani rials (Dh57.2). In Abu Dhabi, the same ride would cost only about Dh16. more

Omani riyal dollar peg to stay amid oil rout, central banker says

01 Oct 2015 08:18gulfnews.com
Oil and gas account for about 85 per cent of state revenue in Oman, and trader bets that authorities would allow the Omani riyal to weaken spiked in August after China devalued the yuan and Kazakhstan allowed its currency to float. After years of ... more

Indian expats in Oman take advantage as rupee touches two-year low

13 Aug 2015 09:15Times of Oman
Indian currency dipped to a two-year low of 168.70 against Omani rial (or 64.95 against US dollar) by around 1.30pm Indian time, before closing at 168.20 (or 64.76 against US dollar). more
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