The dollar extended losses today after falling against major currencies overnight as upbeat US producer price data reinforced bets on a rate cut this year (2024). Risk-sensitive currencies stayed strong after the unexpected softening in inflation buoyed equities, even with crucial US consumer price index (CPI) figures still looming later today. The dollar index, which measures the currency against six major currencies, was steady at 102.63 after slumping 0.49% overnight. Sterling was steady at $1.2866, while the euro was flat at $1.0996 after rising to $1.099975. The dollar was stable at 147.06 yen as it continued to consolidate around the 147 level this week. The Aussie was little changed at $0.6637, while the kiwi edged up 0.07% to $0.6081. Source: Oman News Agency
Omani-Chinese Cultural Relations Historical Legacy and Future Prospects for Cooperation
November 1, 2026
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of