Omani Rial

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Omani Rial

The currency of Oman. It was introduced in 1973, replacing the rial Saidi, which had replaced the Gulf rupee. It is pegged to the U.S. dollar.
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References in periodicals archive ?
Quasi-money, which includes rial Omani saving and time deposits, certificates of deposit issued by banks, margin deposits and foreign currency denominated deposits, witnessed a growth of 3.2 per cent during this period.
OCI has been working on setting up a new, state-of-the-art testing centre...estimated to cost around Rial Omani 1 million
The overnight Rial Omani domestic inter-bank lending rate increased further to 1.896 percent in June 2018 from 0.978 percent a year ago (1.831 percent in May 2018).
The overnight Rial Omani domestic inter-bank lending rate stood at 1.356 percent in February 2018, much higher as compared to 0.430 percent a year ago.
The overnight Rial Omani domestic inter-bank lending rate stood at 1.237 percent in August 2017, much higher as compared to 0.346 percent a year ago.
Monetary policy Monetary policy remained accommodative during the year 2013 against the backdrop of easy liquidity conditions, lower inflation, low Rial Omani interest rates on deposits and surpluses in fiscal and balance of payment positions.
Quasi money (comprising rial Omani savings and time deposits, certificates of deposit issued by commercial banks, margin deposits and foreign currency denominated deposits) increased by 15.2 per cent to RO7,175 million in September 2012 compared to RO6,228.4 million in the previous year.
The overnight Rial Omani domestic inter-bank lending rate firmed up to 0.403 percent in September 2016 from 0.217 percent a year ago.
Muscat: Monthly statistical bulletin released by the Central Bank of Oman (CBO) pointed out that on the liabilities side of the balance sheet, total deposits (Rial Omani plus foreign currency deposits) witnessed a year-on-year growth of 24.4 per cent to RO13,259.7 million in April 2012 from RO10,657.6 million in April 2011.
The overnight Rial Omani domestic inter-bank lending rate firmed up to 0.300 percent in July 2016 from 0.122 percent a year ago.
On the liabilities side of the balance sheet, total deposits (rial Omani plus foreign currency deposits) witnessed a year-on-year growth of 23.3 per cent to RO13,053.1 million in March 2012 from RO10,585.4 million in March 2011.
The overnight Rial Omani domestic inter-bank lending rate firmed up to 0.412 percent in June 2016 from 0.131 percent a year ago.