Omani money supply and the central bank foreign assets rose 7.6 and 18 per cent respectively in the first eight months of the year, official data showed.
Money supply measured as M2 stood at OR7.61 billion (Dh72.55bn) in January-August this year compared with OR7.07bn in the same period in 2008, the national economy ministry said in a monthly bulletin.
Money supply includes time and savings deposits, margins and foreign currency. The bulletin said the central bank's foreign assets and gold increased to OR4.42bn in the January-August period, up from OR3.74bn from the same period last year.
Total credit of the commercial banks stood at OR9.51bn in the first eight months of this year, a 13 per cent increase over the same period in 2008.
Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.