CBO keeps repo rate unchanged at 6.0%
- Date: 04-Nov-2023
- Source: Muscat Daily
- Sector:Financial Services
- Country:Oman
CBO keeps repo rate unchanged at 6.0%
Muscat – Following the US Federal Reserve’s announcement to keep the key interest rates unchanged, the Central Bank of Oman (CBO) decided on Thursday to maintain its repo rate for local banks at 6.00% for the second time in a row. The repo rate is the policy rate that allows commercial banks to acquire short-term […]