The Central Bank of Oman confirmed that this decision comes within the framework of its monetary policy aimed at achieving and maintaining exchange rate stability.
The Central Bank of Oman decided today to reduce the interest rate on repurchase operations...
The UAE's latest news includes a bailout and updates on Iran's financial situation. The news is part of the current events in the UAE and the Gulf region.
Iran has joined the USA, Israel, Saudi Arabia, UAE, and Pakistan amid escalating Middle East tensions. The Strait of Hormuz crisis is disrupting global travel and shipping routes.
The UAE has reportedly asked the US about a potential wartime financial lifeline. This development may have significant implications for the UAE's financial sector.