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Oman's central bank increases rate by 75 bps –statement

Oman's central bank increases rate by 75 bps –statement

Reuters · 07/28/2022 05:39
Oman's central bank increases rate by 75 bps –statement

- The Central Bank of Oman increased its base rate by three quarters of a percentage point to 3%, a statement from the bank said on Thursday, moving with the U.S. Federal Reserve as their currencies are pegged to the dollar.


(Reporting by Enas Alashray; editing by Philippa Fletcher)