Omani Rial rules strong against Indian, Pakistani currencies

Omani Rial rules strong against Indian, Pakistani currencies

Muscat: Expats in Oman who wish to send money to their families back home in India and Pakistan can continue to take advantage of high exchange rates of Omani Rial with the currencies of their respective countries. Exchange houses in Oman are offering 495 Pakistani Rupees and 201 Indian Rupees for one Omani Rial and say the rates could show slight fluctuations, but are likely to stay at this level for some time. "This is mainly due to the change in the dollar rate, due to which all other currencies in developing countries are being affected," said an official at an exchange house in Oman. "We have also seen increased exchange rates for the Philippine Peso. While the exchange rate for the Omani Rial when it was converted to Sri Lankan Rupees and Bangladesh Taka was also high, those rates have fallen a bit over the last few days." According to another exchange house in Oman, this has been the highest exchange rate for Omani Rial when converted to the Pakistani Rupee. This is true of the Indian Rupee as well. "We expect the rates to change a bit over the coming days, but apart from that, the rates will