Omani Rial


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Omani Rial

The currency of Oman. It was introduced in 1973, replacing the rial Saidi, which had replaced the Gulf rupee. It is pegged to the U.S. dollar.
References in periodicals archive ?
During the reporting period, the government operated, and allocated 191,860 Omani rial ($498,340) to its permanent shelter, and overarching victim care, which could accommodate up to 50 women and child victims of forced labor, sex trafficking, or other types of abuse.
Offering the Omani Rial as an additional currency eligible for settlement proves Clearstream s commitment to help its customers benefit from the growth of financial activity in the region.
There is also a 2 GB monthly plan for nine Omani Rials and the most popular and in demand Nawras internet bundle of 500 MB is only three Omani Rials, he added.- TradeArabia News Service
"Last October, the rupee did cross the value of INR194 for an Omani Rial, and that stayed till about January, but this is the lowest it has been since then.
The overnight Omani Rial domestic inter-bank lending rate firmed up to 0.271 percent in January 2016 from 0.130 percent a year ago.
The weighted average interest rate on Omani rial deposits increased to 1.899 per cent in December 2018 from 1.667 per cent a year ago, while the weighted average Omani rial lending rate increased to 5.329 per cent from 5.203 per cent in the same month of the previous year.
Effective exchange rate index of Omani Rial saw an upward revision of 3.5% to 105.2 in December 2015 as against 101.6 in December 2014.
The 300 million Omani rial airport features international specifications and standards, said the official, affirming that the airport inauguration would be part of a comprehensive strategy to develop Salalah as a tourist destination.
Muscat : Indians in Oman, who wish to send money back home over the next few days, can expect to receive exchange rates of between INR 178 and 180 for one Omani Rial, exchange houses in the Sultanate have said.
The real exchange rate of Omani rial rose by 4.1 per cent to 103.5 points as of the end of June 2018 compared to 102.1 points in the same period in 2017, which indicates a rise in the purchasing power of Omani Rial.
Indicating a higher purchasing power for the Omani Rial, the currencys Effective Exchange Rate Index rose by 6.5% to 105.0 from last years index value of 98.6, says the NCSI data.
Anyone found selling the cigarettes will be slapped with a 500 Omani rial fine.