Liquidity in Oman rises by 7.5% to OMR25.369bn by end of April 2025

Muscat: The domestic liquidity and lending indicators in the Sultanate of Oman recorded a notable increase of OMR1.8 billion by the end of April 2025, according to preliminary data issued by the National Centre for Statistics and Information (NCSI).

The preliminary data shows that, the Domestic liquidity (M2) rose by 7.5%, reaching OMR25.369 billion, compared to OMR23.589 billion during the same period in 2024, recording an increase of OMR1.8 billion.

Conversely, The issued currency (currency in circulation ), declined by 7.7%, standing at OMR1,540.4 million by the end of April 2025, compared to OMR1,669.6 million in April 2024.

Narrow money supply (M1) saw a 12% increase, reaching OMR6,977.3 million, up from OMR6.231 million recorded at the end of April last year.

The data also shows that, the private sector deposits with commercial banks and Islamic windows grew by 7.1%, totalling OMR21,516.9 million, compared to OMR20,086.6 million in April 2024.

Simultaneously, total credit and financing provided by commercial banks and Islamic windows increased by 9%, reaching OMR33,590.3 million, compared to OMR30,810.1 million during the same period last year.

The average interest rate on total loans recorded a slight decline of 0.9%, reaching 5.555%, compared to 5.604%, while the net foreign assets rose by 3.2%, reaching OMR6.987 million by the end of April 2025, compared to OMR6,773.4 million in April 2024.

Meanwhile, the real effective exchange rate index of the Omani Rial remained stable at 118.4 points, with no significant change.