Sunday 31, August 2014 by Robin Amlôt

Omani banking and monetary developments, June 2014

Monetary management during 2014 in Oman so far continued to be confronted with abundance of bank liquidity, reports the Central Bank of Oman (CBO). As at the end of June 2014, narrow money stock (M1) when measured on year-on-year basis, grew sharply by 30.9 percent driven mainly by the increase in currency with the public by 16.8 percent, as well as increase in demand deposits by 36.2 percent.

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