(MENAFN- Muscat Daily) The real exchange rate index of the Omani riyal increased 9.3 per cent at the end of March indicating an increase in the currency's purchasing power.
According to data released by the National Centre for Statistics and Information (NCSI) total issued (traded) cash at the end of March increased to RO1.59bn up 11.9 per cent from RO1.42bn a year earlier.
Local liquidity at the end of last March increased 13 per cent to RO14.39bn from RO12.73bn. Total foreign assets with the CBO held stable at around RO6.9bn.
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