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Oman’s M2 money supply growth slows

Posted on 09 July 2009

From Gulfnews.com: Oman’s M2 money supply growth, an indicator of future inflation, slowed to an annual 10.5 per cent in May from 10.9 per cent in April, the Ministry of National Economy said on its website on Wednesday.

M1 money supply growth, a narrower measure that excludes longer-term deposits and money- market funds, rose to 4.5 per cent in May from 3.5 per cent in April, the ministry said………Full Article: Source

 
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