Broad
Money Supply in Oman Grows by 5.2 Percent

Muscat,
9 Oct (ONA) — The Broad Money Supply (M2) in the Sultanate of Oman witnesses
a year-on-year growth of 5.2 percent by the end of July 2025, reaching RO 25.5
billion.

Statistics
released by the Central Bank of Oman (CBO) indicated that this increase
resulted from a 10.2 percent rise in Narrow Money (M1) and a 3.3 percent rise
in Quasi-Money. Quasi-Money comprises the total of savings deposits and time
deposits in Omani Rials, in addition to certificates of deposit issued by
banks, margin accounts, and all foreign currency deposits within the banking
sector.

The
statistics showed that cash held by the public decreased by 4.3 percent during
the same period, while demand deposits saw an increase of 13.4 percent.

The
weighted average interest rate on Omani Rial deposits declined from 2.705
percent in July 2024 to 2.576 percent in July 2025. Similarly, the weighted
average interest rate on Omani Rial loans decreased from 5.590 percent to 5.510
percent over the same period.

The
average interest rate in the interbank overnight lending market recorded a
decrease, reaching 4.148 percent in July 2025 compared to 5.317 percent in July
2024.

This
change is attributed to a decline in the weighted average interest rate on
repurchase operations (repos), which reached 5 percent compared to 6 percent
during the same period last year, aligning with the policies of the US Federal
Reserve.

—Ends/AG