
Total
Domestic Liquidity in Oman Increases by RO 1.8 Billion by End of April 2025
Muscat,
14 Jul (ONA) — The domestic liquidity and lending indicators in the Sultanate
of Oman recorded a notable increase of RO1.8 billion by the end of April 2025,
according to preliminary data issued by the National Centre for Statistics and
Information (NCSI).
The
preliminary data shows that, the Domestic liquidity (M2) rose by 7.5%, reaching
RO 25.369 milion, compared to RO 23,589.2 million during the same period in
2024, recording an increase of RO 1.8 billion.
Conversely,
The issued currency (Currency in circulation ), declined by 7.7%, standing at RO
1,540.4 million by the end of April 2025, compared to RO 1,669.6 million in
April 2024.
Narrow
money supply (M1) saw a 12% increase, reaching RO 6,977.3 million, up from RO
6.231 million recorded at the end of April last year.
The
data also shows that, the private sector deposits with commercial banks and
Islamic windows grew by 7.1%, totaling RO 21,516.9 million, compared to RO
20,086.6 million in April 2024.
Simultaneously,
total credit and financing provided by commercial banks and Islamic windows
increased by 9%, reaching RO 33,590.3 million, compared to RO 30,810.1 million during the same period last year.
The
average interest rate on total loans recorded a slight decline of 0.9%,
reaching 5.555%, compared to 5.604%, while the net foreign assets rose by 3.2%,
reaching RO 6.987 million by the end of April 2025, compared to RO 6,773.4
million in April 2024.
Meanwhile,
the real effective exchange rate index of the Omani Rial remained stable at
118.4 points, with no significant change.
—Ends/AG