Central Bank of Oman

The Central Bank of Oman (CBO) is Oman’s primary financial authority, responsible for maintaining the stability of the country’s currency and financial system. It manages monetary policy, controls inflation, regulates banks and financial institutions, issues the Omani rial, and oversees payment systems. Its role is to ensure a stable economy, foster sustainable growth, and protect consumers by promoting sound banking practices. Essentially, the CBO acts as the backbone of Oman’s financial stability, guiding economic activity and safeguarding the country’s monetary environment.