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Oman to maintain dollar-peg exchange policy

com.cn » 2008 » October » 11th » Oman to maintain dollar-peg exchange policy

Omani Minister of National Economy Abdulnabi Macki said that his country will maintain its current policy to peg its currency rial to U.S. dollar, the English newspaper Oman Daily Observer reported on Saturday. The current dollar-peg "has proved successful and convenient to Omani economy because it had achieved financial and price stability, targeted economic growth, monetary control, well … Continue Reading »

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