Tuesday, 22 May 2018 07:13 GMT

Oman's money supply up 4.6 percent to USD29b

(MENAFN) Broad money (M2) in Oman went up by 4.6 percent to USD29.7 billion in November last year versus USD28.4 billion in the same month the year before it, Times of Oman reported

Narrow money (M1), which forms currency held by the public and local currency demand deposits, grew by 4.8 percent to USD10.1 billion at the end of the month

Quasi money, which is formed of RO savings and time deposits, certificates of deposits issued by commercial banks, margin deposits and foreign currency denominated deposits, expanded by 4.5 percent to USD19.7 billion in November 2013, versus USD18.9 billion in November 2012

Oman's money supply up 4.6 percent to USD29b

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