Friday 22 June 2018
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


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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