MUSCAT — The Indian rupee fell to a fresh record low against the Omani rial on Friday, continuing a month-long decline that is beginning to reshape how Indian expatriates send money home.
At 4:00 pm, one Omani rial fetched INR 244.40 — the sixth record low this month. The rupee has traded within a narrow but persistently weakening range in recent sessions, reinforcing what analysts and expatriates alike are watching as a sustained downward trend.
Read More
- El Niño could affect rainfall, temperatures and cyclone activity in Oman
- Indian School Al Ghubra retains TAS badminton crown as Indian School Muscat finishes runner-up
- Nepal, Oman seek faster labour pact, discuss Omani embassy in Kathmandu
- TAS Conclave returns for sixth edition, putting Oman’s economic future in focus
- Oman voices solidarity with Saudi Arabia, rejects targeting of civilian facilities
