Omani Central Bank Foreign Assets at 7.28B Rials

Omani Central Bank data revealed that lending by traditional banks in Oman increased by 12.54% year-on-year in July, while the money supply grew by 14.94%. Additionally, the size of the Central Bank's foreign assets remained steady at 7.28 billion Omani riyals during the same month, reflecting increased credit activity and liquidity in the banking sector during this period.