Central Bank of Oman raises interest rate on repurchases of local banks

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MUSCAT: The Central Financial institution of Oman has raised the rate of interest on repurchases of native banks with the identical improve permitted by the US Federal Reserve.

The brand new rate of interest has been upped to 75 foundation factors, to grow to be 3.00 %.

The submit Central Financial institution of Oman raises rate of interest on repurchases of native banks appeared first on The Arabian Tales Information.

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