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Why Oman currency is strong?

Julian Parker | 2018-06-14 10:12:07 | page views：1214
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Isabella Kim

Studied at the University of Copenhagen, Lives in Copenhagen, Denmark.
As for Oman, the reason the rial was initially set to such a high value was because the rial was subdivided into 1000 baisa. ... The reason for this peg is because oil is valued in US dollars, so the currency's value remains stable relative to the price of oil.
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Parker Adams

QuesHub.com delivers expert answers and knowledge to you.
As for Oman, the reason the rial was initially set to such a high value was because the rial was subdivided into 1000 baisa. ... The reason for this peg is because oil is valued in US dollars, so the currency's value remains stable relative to the price of oil.
Why does the country Oman have a strong currency? - Quora
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