Broad money supply in Oman rises by 4.3% to reach OMR25.7bn

Muscat: Broad money supply in the Sultanate of Oman witnessed a growth of 4.3 percent on an annual basis to reach OMR25.7 billion by the end of September 2025.

Statistics issued by the Central Bank of Oman (CBO) indicated that this increase came as a result of a rise in narrow money by 13 percent and quasi-money by 1 percent, which consists of the sum of savings deposits 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.

During the same period, cash in the public decreased by 2.13 percent, while demand deposits increased by 16.2 percent.

Regarding the interest rate structure of conventional commercial banks, the weighted average interest rate on Omani Rial deposits decreased from 2.679 percent in September 2024 to 2.568 percent in September 2025, and the weighted average interest rate on Omani Rial loans decreased from 5.604 percent to 5.479 percent during the same period.

The average interest rate in the overnight interbank lending market was 3.815 percent in September 2025, compared to 4.896 percent in September 2024.

This came as a result of the weighted average interest rate on repurchase operations falling to 4.892 percent compared to 5.790 percent during the same period last year, in line with the policies of the US Federal Reserve.