Oman central bank increases repo rate by 25 bps

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, March 23 (Reuters) - Oman Central Bank said on Thursday it hiked its key interest rates by 25 basis points, mirroring the U.S. Federal Reserve's move as the Omani Rial is pegged to the dollar. Oman Central Bank raised its repo to 5.5%, it said in a statement. (Reporting by Tala Ramadan in Dubai; Editing by Christopher Cushing)

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