MUSCAT : The Broad Money Supply (M2) in the Sultanate of Oman witnesses a year-on-year growth of 5.2 percent by the end of July 2025, reaching RO 25.5 billion.
Statistics released by the Central Bank of Oman (CBO) indicated that this increase resulted from a 10.2 percent rise in Narrow Money (M1) and a 3.3 percent rise in Quasi-Money. Quasi-Money comprises the total of savings deposits and time deposits in Omani Rials, in addition to certificates of deposit issued by banks, margin accounts, and all foreign currency deposits within the banking sector.
The statistics showed that cash held by the public decreased by 4.3 percent during the same period, while demand deposits saw an increase of 13.4 percent.
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The weighted average interest rate on Omani Rial deposits declined from 2.705 percent in July 2024 to 2.576 percent in July 2025. Similarly, the weighted average interest rate on Omani Rial loans decreased from 5.590 percent to 5.510 percent over the same period.
The average interest rate in the interbank overnight lending market recorded a decrease, reaching 4.148 percent in July 2025 compared to 5.317 percent in July 2024.
This change is attributed to a decline in the weighted average interest rate on repurchase operations (repos), which reached 5 percent compared to 6 percent during the same period last year, aligning with the policies of the US Federal Reserve.
