Thursday 31 July 2014
 
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Money markets

Oman money market curbs may hurt Islamic banks

As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb their ability to manage funds in the market, hurting profitability. Authorities are expected to release Isla

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Money markets near paralysed

Money markets struggled in a state of near paralysis on Wednesday as the start of a new financial quarter failed to relieve the strains that have made it difficult for many banks to secure funds, especially much-needed dollars. Traders in

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