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September 9, 2024

Oman Central Bank Issues Treasury Bills Worth OR 30 Million

Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.

The bank explained in a statement Monday, that the value of the bills allocated for a maturity period of 28 da…

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

QCB’s August 2024 Foreign Currency Reserves Up by Four Percent

Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.

The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…