Located in Earth’s largest and most populous continent (Asia), the Sultanate of Oman is one of the 22 members of the Arab League which can be found in the Arabian Peninsula. The country practices what is politically known as diarchy: a combination of two systems of government: unitary and an absolute monarchy. As complicated as that may sound … Read more
China isn’t just the largest economy in Asia, the country also has the largest gold reserves held and controlled by the People’s Bank of China (PBC). China’s gold holding at 1,948 metric tons is more than the combined holdings of Japan, India, and Uzbekistan (846, 754, and 337 respectively). At the G20 level and global … Read more
The Asian economy is promising. It houses countries like China, Japan, South Korea, and Singapore that are now destinations for multinationals. Yet, some countries in the continent find it difficult to keep up with the pace of economic development thereby making their currencies one of the lowest currencies on the Asian continent. The continent also … Read more
Apart from Asia’s 59.76 per cent of the world population, its economy has commanded a lot of attention from investment analysts around the world, following some drastic economic policies that have led to substantial growth. For instance, Asian countries like China (the biggest by GDP), Singapore, Japan, and South Korea among others have been able to … Read more
Bahraini Dinar is the official legal tender in Bahrain; Manat is for Azerbaijan; Maldivian Rufiyaa is the official currency of Maldives while the Japanese yen is for Japan. All the 48 countries that makeup Asia all have their means of payment. Countries in Asia Comprising 48 sovereign countries and three other territories, Asia is not just only the largest continent, … Read more