Oman central bank increases repo rate by 25 bps- statement

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, May 4 (Reuters) - Oman's Central Bank on Thursday increased its key interest rates by 25 basis points, bringing the repo rate to 5.75%, moving in tandem with the U.S. Federal Reserve's hike as the Omani riyal is pegged to the dollar. (Reporting by Tala Ramadan; Editing by Nadine Awadalla and Alison Williams)

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