
Oman: Foreign exchange reserves
* indicates monthly or quarterly data series
Oman |
Foreign exchange reserves, billion currency units |
---|---|
Latest value | 6.3 |
Reference | January 2023 |
Measure | billion Rial Omani |
Source | Central Bank of Oman |
For that indicator, we provide data for Oman from January 2004 to January 2023. The average value for Oman during that period was 5.18 billion Rial Omani with a minimum of 1.22 billion Rial Omani in September 2004 and a maximum of 8.73 billion Rial Omani in July 2016.
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Measure: billion Rial Omani
Source: Central Bank of Oman
Source: Central Bank of Oman
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.