Pounds Sterling at 28-month low

T TV Tuesday 30/July/2019 20:05 PM
By: Times News Service

People in Oman who plan on visiting the UK in the coming days will now be able to get more Pounds Sterling for their Omani Rials.
The currency slipped to a 28-month low following the announcement of Boris Johnson as Prime Minister.
Exchange houses in Oman are offering rates of about £2.12 per Omani Rial, but the rates are so volatile and unpredictable that it could change frequently.
“The pound is at its lowest it has been for some time now, one Omani Rial will now get you £2.127. This is basically due to the uncertainty around Brexit. Just a week ago, the exchange rate was £2.06. If we were to compare it to the US dollar, one dollar was £0.79 a week ago, now it is £0.83.” - PK Subudhi, General Manager for Mustafa Sultan Exchange