MUSCAT: The total foreign assets of the Central Bank of Oman at the end of April 2023 increased by 1.5 per cent, registering a value of RO 6.568 billion compared to the same period last year with RO 6. 473 billion.
The preliminary data issued by the National Center for Statistics and Information (NCSI) indicated that the domestic liquidity increased by about RO 688 million, to reach RO 21.069 billion, an increase of 3.4 per cent, compared to the same period in 2022.
The total cash issued by CBO decreased by 9.1 per cent, recording RO 1.750 billion at the end of April 2023, compared to RO 1.924 billion end of April 2022.
On the other hand, the deposits of the private sector in commercial banks and Islamic windows at the end of April 2023 reached to about RO 17.877 billion, an increase of 3.7 per cent over the same period in 2022, which witnessed deposits of the private sector amounting to RO 17.246 billion.
Meanwhile, the total loans and financing in commercial banks and Islamic windows increased at the end of April 2023 by 6.3 per cent, to reach RO 30.025 billion, compared to RO 28.245 billion in 2022. The average interest rate on total loans decreased by 1.9 per cent, and was recorded at the end of April 2023, at a rate of 5.367 per cent.
The actual exchange rate index for the Omani rial increased by 2.3 per cent at the end of April 2023, to record 113.9 points, compared to 111.3 points at the end of April 2022. — ONA
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