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Commercial banks' deposits exceed OMR 11.7bn in July

Commercial banks' deposits exceed OMR 11.7bn in July
Photo Credit: Arabianeye-Reuters

Mubasher: The real exchange rate index of the Omani riyals rose 10.1% to reach 105 points in July 2015, compared to 95.4 points in the same period of 2014, showing increase in the purchasing power of the Omani riyals.

Private deposits at Oman’s commercial banks grew 8.8% to OMR 11.70 billion in July 2015, compared to OMR 10.75 billion in the same month of 2015, to according to a monthly statistical bulletin published by the Central Bank of Oman

Domestic liquidity added 13% to OMR 14 billion in July 2015, compared to OMR 14.77 billion in the same month of 2014.