October 16, 2026
Trending now

Egypt remittances hit record $33.9 billion in eight months

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Thailand floods kill 71 and hit nearly 909,000 households

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WHO launches 2030 plan for 24-hour health threat detection

Pakistan imposes governor’s rule in Khyber Pakhtunkhwa

Oman power output rises while water production falls

EU announces investment in health of almost €170M plan

Pakistan bears largest share of rising MENAAP poverty

Tag : foreign exchange

Business

Dollar heads for weekly gain as yen nears 160 level

omandailynews.com
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in Asian and European dealings. It...
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

omandailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said...