MORE: Oman Sticking to Rial Peg to Dollar: Central Bank Chief

Updated on

The Omani currency “is stable,” Central Bank Executive President Hamud Sangur Al-Zadjali says in statement. * Reports of fluctuations in the value of the Omani riyals are “not true” * Oman central bank still encouraging lending to manufacturers vs personal loans, reiterates freedom of capital movement * Sees banking industry doing well in 2016 * Refutes reports on rial weakening against some currencies

Before it's here, it's on the Bloomberg Terminal. LEARN MORE