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The Central Bank of Oman raises repo rate to 4.5% in first increase since July 2023
The Central Bank of Oman (CBO) raised its repo rate by 25 basis points to 4.5 per cent effective Thursday, marking its first upward move since the repo rate was raised to 6 per cent in July 2023. The decision followed the US Federal Reserve’s quarter-point increase on Wednesday,…
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