Business
Dollar drops to near multi-year lows as US tariff deadline approaches
The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline.
The dollar slipped slightly to 0.7949 Swiss franc, while the euro eased 0.2% to $1.1767, and sterling weakened 0.3% to $1.3615.
The dollar gained 0.3% to 145.04 yen, reversing an earlier decline.
The dollar index, which measures the currency against those four currencies and two other major counterparts, added 0.2% to 97.145.
The Aussie dollar dropped 0.8% to $0.6502. Meanwhile, The New Zealand dollar slipped 0.7% to $0.6010.
Prime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
Oman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
IHE Launches Eicher Pro League of Trucks & Buses in Oman
Liva Insurance Honored with ‘Insurer of the Year’ Award for 2025
Oman’s ISWK Cambridge Learners Achieve ‘Top in the World’ and National Honours in June 2025 Cambridge Series
Report: How India & The Middle East Are Exploiting Immense Economic Synergies
OIG Appoints New CEO to Lead Its Next Chapter of Excellence
#MYWORKSPACE: Khimji Ramdas Introduces a New Identity for its Office Furniture & Interior Fit-outs Division
Consulate Office of the Republic of South Africa opens in Muscat, enhancing bilateral relations
Sheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Renewables are booming, but not fast enough to cap greenhouse emissions
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Real Estate2 months agoAl Mouj Muscat Unveils Azura Beach Residences Phase 2: A New Chapter in Waterfront Living
-
Leaders Speak1 month agoDhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
-
Events1 month agoOER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
-
Economy1 month agoMaal Card: What Oman’s New National Payment Card Means for Everyday Users
-
OER Magazines2 months agoOER, October 25
-
Arts and Culture2 months agoOminvest and Bait Al Zubair Launch “Future Frames” to Empower Youth through Art and AI
-
Entertainment2 months agoWhere Heritage Meets Haute Couture: Al Sadaa Haute Couture Transforms the Sultanate’s Fashion Scene
-
News2 months agoMs. Noor Saldin, Founder of Modern Generation International School, Wins Woman of the Year 2025; School Honored for Empowering Future Female Leaders