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|15 October, 2018

TABLE-Oman central bank's August foreign assets lowest since 2013

Oman's central bank released data on money supply and bank lending in August

Image used for illustrative purpose. Expert Analyzing Data.

Image used for illustrative purpose. Expert Analyzing Data.

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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

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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))