author - oman observer

As the most aggressive wave of monetary tightening in four decades slows the world’s largest economies, a growing number of analysts are questioning whether central banks should raise their...

Thirty years ago on September 16, 1992, currency speculators forced the British Government to abandon the commitment of pound sterling to the European Exchange Rate Mechanism. In the days that...

The freezing of much of Russia’s official foreign reserves has inevitably led some again to predict the imminent demise of the dollar’s “exorbitant privilege” as the world’s reserve currency...