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Oman's central bank released the following data on money supply and bank lending in August, showing its foreign assets including bullion dropping further to their lowest level since at least 2013.
OMAN MONEY SUPPLY END-AUG 18 END-JULY 18 END-AUG 17
M1 change yr/yr (pct) 0.3 0.1 -1.3
M2 change yr/yr 2.4 3.1 0.8
M2-M1 change yr/yr 3.4 4.5 1.8
Total credit yr/yr 5.8 4.1 3.2
(conventional banks)
OMAN C.BANK FOREIGN ASSETS
ln rials 5.594 5.915 6.731
change yr/yr (pct) -16.9 -18.2 -19.2
NOTE: Percentage changes are Reuters calculations based on the official data.
(Reporting by Andrew Torchia; Editing by Vyas Mohan) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))