Markets
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Close of Play: TASI Settled at 9,762, Bishkek Held Rate at 12%, Peg Holds at 3.7500 Again
Saudi index closed in tight band, dirham at 3.6725. Kyrgyzstan inflation fell to 10.8%, EAEU industry at 0.3%; Gulf pegs silent throughout the day.
Tempo:
Karim Al-Rashidi
· 2 min read
The day's loudest number was actually the quietest one: USD/SAR held at 3.7500 again, USD/AED held at 3.6725 again. TASI closed at 9,762 — near yesterday's level, within a tight band. Nothing moved on the Gulf desk; everything that moved stayed on the line between Dushanbe and Bishkek.
I owe candor first: two weeks ago Monday evening I opened a position on Aramco revising its November Asia official selling price (OSP) downward; the position hasn't closed, and as of today there is NO EVIDENCE —…