International Reserves in Oman

Oman International Reserves | Economic News & Forecasts

Oman - International Reserves

While oil production dipped in January–October from the same period a year earlier, the non-oil economy appears to be in better shape. Inflation averaged a mere one-fifth of a percent in January–October, which should have supported consumers’ purchasing power and, by extension, private consumption. Moreover, a recent improvement in the ease of doing business in Oman, as reported by the World Bank in October, should have supported fixed investment growth. On the other hand, annual bank lending growth remained lackluster despite marginally accelerating in October, potentially undermining investment. Meanwhile, looking at the public purse, the fiscal deficit narrowed by a fifth in January–September compared to the same period a year earlier, thanks to higher revenue.

Oman - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)15.9  16.3  17.5  20.2  16.1  

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Oman Facts

ValueChangeDate
Exchange Rate0.380.06 %Nov 21
Stock Market0.10.0 %Nov 21

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