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Weak shekel and rising dollar

Bethlehem-Ma’an-The foreign exchange trading week opened on the Tel Aviv Stock Exchange with renewed weakness for the shekel against the backdrop of the stalemate in talks on a prisoner swap deal and a ceasefire.

The euro, which is growing stronger i…

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Oman Oil Prices Down by USD 2.13

The official price of Omani crude oil, for delivery in October, reached on Tuesday USD 75.71 per barrel, a decrease of USD 2.13 compared with Monday’s price of USD 77.84 per barrel.

The monthly average price of Omani crude oil for delivery in August …

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S. Korea, Malaysia Resume Free Trade Talks

South Korea announced on Tuesday that it has resumed negotiations with Malaysia to secure a bilateral free trade agreement, after a 5-year hiatus.

The fourth round of negotiations for the FTA kicked off in Kuala Lumpur for a four-day session, marking…

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Dollar Hangs near Seven-Month Low on Rate Cut Bets

The dollar hung near a seven-month low on Tuesday on wagers the US central bank will start cutting interest rates from next month.

The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 on Tues…

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