Broad money supply in Oman grows by 3.6% to OMR25.7bn

Muscat: Broad money supply in the Sultanate of Oman witnessed a growth of 3.6 percent on an annual basis, reaching approximately OMR25.7 billion by the end of October 2025.

Statistics issued by the Central Bank of Oman (CBO) indicated that this increase was due to a rise in narrow money by 7.3 percent and a rise in quasi-money by 2.1 percent, which consists of the sum of savings and time deposits in Omani rials plus certificates of deposit issued by banks, in addition to margin accounts and all foreign currency deposits in the banking sector.

Statistics further showed that during the same period, cash in the public decreased by 0.13 percent, while demand deposits increased by 8.7 percent.

Regarding the interest rate structure of conventional commercial banks, the weighted average interest rate on Omani Rial deposits decreased from 2.709 percent in October 2024 to 2.559 percent in October 2025, and the weighted average interest rate on Omani Rial loans decreased from 5.628 percent to 5.444 percent during the same period.

As for the average interest rate in the overnight interbank lending market, it recorded a decrease of 4.014 percent in October 2025 compared to 4.681 percent in October 2024.

This came as a result of the weighted average interest rate on repurchase operations falling to 4.734 percent compared to 5.790 percent during the same period last year, in line with the policies of the US Federal Reserve.