RSS Oman's M2 Money Supply Grows at Slower Pace in October

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 RSS Oman's M2 Money Supply Grows at Slower Pace in October

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Oman's M2 money supply witnessed a deceleration in its growth rate in October, as per the latest financial data updated on January 9, 2025. The current indicator reflects an 11.0% increase year-over-year, a slowdown compared to the previous month's 12.6% growth, measured over the same period last year.

The decline in the pace of growth could be attributed to several economic factors impacting liquidity and monetary circulation within the nation. The previous indicator of 12.6% recorded in November 2024 highlighted a more robust expansion period for Oman's money supply.

Market analysts suggest that the deceleration might be linked to adjustments in monetary policy or other economic conditions impacting domestic and international financial activities. As 2025 progresses, the monitoring of further developments in the M2 money supply will be crucial for understanding the underlying dynamics of Oman's economic landscape.

The material has been provided by InstaForex Company - www.instaforex.com
 
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