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FINANCIAL NEWS
Oman balance of trade shows stability
20 Jun 2013
(MENAFN) The yearly report issued by the Central Bank of Oman confirmed that balance of payment (BOP) showed steadiness throughout the first half of the year supported by stability in oil prices standing at 98-100 per barrel and vigorous production, the Oman Times stated.
A large share of Omani BOP is taken over by merchandise trade that achieved surplus at USD25 billion.
It’s worth noting that the overall balance recorded an unassuming surplus in 2012 helping enhance the foreign exchange reserves by USD1 billion.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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