Central Bank
Traders expect the CPI report to show that inflation is nearing the Fed's 2 percent target
The bills have a maturity period of 28 days amounted to OMR300,000, with an average acceptable price of OMR99.650
On August 19, KCB announced a similar allocation of bonds and tawarruq for three months at the same value and return rate
Traders expect the inflation data to reflect further disinflation which will support a rate cut by the Fed
The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024
Oman’s credit reaches $81.56 billion in July 2024, marking 3.8 percent yearly increase: Central Bank
Bank credit to the private sector rose by 3.4 percent to OMR26.3 billion
China's central bank held back on buying gold for a fourth month in a row in August, according to official data
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
The possibility of a 50-basis-point rate cut by the Federal Reserve this month has risen from 34 percent last week to 41 percent
In Q2, demand for trade credit remained strong, with a greater appetite for lending
Saudi Arabia and Türkiye central banks sign MoU to enhance economic cooperation, financial stability
The central banks will share expertise and resources to address challenges and boost economic development
