FX.co ★ Oman's M2 Money Supply Sees 15.8% Growth in January 2024

In a recent update on Oman's economic indicators, the M2 Money Supply for January 2024 showed significant growth, reaching 15.8%. This marks a notable increase from the previous indicator of 14% in February 2024. The data, updated on 22 April 2024, highlights a robust expansion in the money supply within the country.

The comparison period, Year-over-Year, emphasizes that the current 15.8% growth in M2 Money Supply is in reference to the same month a year ago. This positive trend indicates a strengthening financial landscape in Oman, showcasing improvements in liquidity and overall economic activity. As the country continues to navigate through economic fluctuations, the latest data presents a promising outlook for its financial sector.