Wednesday, October 14, 2015

Oman c.bank foreign assets fall y/y, first time since 2012

Oct 14 (Reuters) - Credit growth at Oman's conventional banks accelerated to an annual 10.6 percent in August from 9.2 percent in July, central bank data showed on Wednesday. M2 money supply growth slowed to 10.0 percent, the lowest rate since December 2013, from 10.9 percent. The central bank's foreign assets including gold fell 4.8 percent from a year earlier, their first year-on-year drop since December 2012, to 6.626 billion rials ($17.2 billion). Low oil prices have hit Oman's oil r











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