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"National Statistics" Omani: 3 billion riyals, the size of the increase in total domestic liquidity by the end of September 2024

The Omani National Center for Statistics and Information announced that the total domestic liquidity in the Sultanate of Oman increased by the end of September 2024 by about 3 billion Omani riyals, to record 24 billion, 692 million and 500 thousand Omani riyals, an increase of 13.9% compared to the same period in 2023.

< p>According to the Oman News Agency, the center’s data indicated that the total cash issued decreased by 4.5 percent. %, recording one billion and 545 million Omani riyals at the end of September 2024, compared to one billion and 617 million and 500 thousand Omani riyals at the end of September 2023.

The money supply in its narrow sense (M1), which consists of the total cash outside the banking system in addition to accounts, increased. Current and demand deposits in local currency increased by 18.2%, recording 6 billion and 708 million and 700 thousand riyals. Omani compared to 5 billion, 674 million and 300 thousand Omani riyals at the end of September 2023.

The total foreign assets of the Central Bank of Oman increased by 20.7%, recording at the end of September 2024 a value of 7 billion and 488 million Omani riyals compared to the end of September. 2023 AD, as the total foreign assets at that time reached 6 billion and 203 million and 100 thousand riyals. Omani.

Private sector deposits in commercial banks and Islamic windows by the end of September 2024 amounted to about 20 billion, 725 million and 400 thousand Omani riyals, an increase of 12.7% over the same period in 2023, which witnessed private sector deposits of 18 billion. And 387 million and 200 thousand Omani riyals.

The total loans and financing increased In commercial banks and Islamic windows by the end of September 2024, it increased by 5% to reach 31 billion, 965 million and 700 thousand Omani riyals, compared to 30 billion, 435 million and 700 thousand Omani riyals. The average interest rate on total loans increased by 2.8%, as it recorded at the end of September 2024 what A rate of 5.604%.

The price index decreased The actual exchange rate of the Omani riyal at the end of September 2024 increased by 2.7%, reaching 114.2 points.

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