Day: August 28, 2024

China’s Central Bank Conducts $38.94 Billion Via Reverse Repos

China’s central bank conducted 277.3 billion yuan (about 38.94 billion US dollars) of seven-day reverse repos at an interest rate of 1.7 percent today.

The People’s Bank of China said in a statement that the move aims to keep liquidity reasonable an…

Oil Rebounds as Demand Concerns Whipsaw Investors

Oil rebounded today after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed worries about global fuel demand.

Brent crude futures were up 25 cents, or 0.31%, at $79.80 a barrel. US West Texas Intermed…

MSX Gains 29 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,930.08 points, marking a rise of 29.8 points (0.61%) from the previous session’s close of 4,900.31 points.

According to Oman News Agency, the trading value reached RO 21,742,254, reflec…