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| Oman can defend its currency peg, central bank governor says Muscat: Oman has the means to maintain its currency peg and has no plans to change it even though the decline in oil prices has hurt its finances, central bank Governor Tahir Al Amri said. Oman's gross foreign currency reserves, which stood at $19.6 billion (Dh71.9 billion) at the end of January, are ...
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| Dollar declines as China slaps tariffs on $50 billion worth of US products On the euro, David Madden, market analyst at CMC Markets U.K., wrote: "the jump in inflation in the eurozone helped the single currency. The inflation rate has been lagging for some time, but now we are seeing a serious jump in demand, which could prompt the European Central Bank to rein in its ...
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| Olymp Trade Forex: Benefit personally from currency fluctuations Money is a familiar object because we use it every day, yet the complexity of the exchange rate system often baffles us. News of currency dynamics worries us, especially if it negatively affects our financial plans. If we were foreign exchange (Forex) market traders, however, we would be unaffected by ...
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