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President Donald Trump is directing the US Commerce Consultant to arrange new tariffs on $200bn in Chinese language imports because the nations transfer nearer to a potential commerce conflict. Total assets of Islamic banks and windows in Oman reached to RO4bn mark as of the end of March 2018, accounting for 12.four per cent of whole banking system property in the sultanate.
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Hong Kong and Shanghai stocks have led a sell-off across Asian and European markets on rising commerce war fears after Donald Trump threatened fresh tariffs on Chinese language imports. Markets react negatively after Donald Trump cancels his long-awaited meeting with North Korean chief Kim Jong-un.
The rupee on Friday edged higher to sixty eight.15 against the US greenback, extending its restoration after falling to 18-month low 68.42 on Wednesday. Regardless of the transient recovery, the rupee is not far-off from its all-time low of 68.87 vs US greenback, recorded in November 2016. In addition to outflows from home capital markets, a rising dollar and a surge in world crude prices have weighed on the rupee. The rupee is down over 6 … Read more