Oman, 9 December, 2024 : Broad money supply (M2) in Oman grew by 13.9%, reaching RO 24.69 billion by the end of September 2024, according to the National Centre for Statistics and Information (NCSI). Narrow money supply (M1) rose by 18.2% to RO 6.71 billion during the same period.
The Central Bank of Oman’s foreign assets increased by 20.7% year-on-year to RO 7.49 billion. Private sector deposits in commercial banks and Islamic windows rose by 12.7% to RO 20.73 billion, while total loans and financing increased by 5% to RO 31.97 billion.
The average interest rate on loans reached 5.604%, up by 2.8%, while the Omani Rial's effective exchange rate index fell by 2.7% to 114.2.
Source : www.omannews.gov.omRelated Posts
Core topic: Why the connections between accounts, transactions and business activity can reveal fina...
Read More
When everything looks legitimateA company is registered. Contracts are prepared. Documents are signe...
Read More
The first transfer was only the beginningWhen someone loses money to an online scam, the first trans...
Read More