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# Central Bank of Oman Cuts Repo Rate by 25 Basis Points in December 2024, Tracking Federal Reserve
- URL: https://www.theglobalbanker.com/central-bank-oman-cuts-repo-rate-25-basis-points-december-2024/
- Published: 2024-12-19T05:00:00.000Z
- Updated: 2026-11-01T17:10:06.000Z
- Description: The Central Bank of Oman reduced its repo rate by 25 basis points in December 2024, following the US Federal Reserve in line with the rial's peg to the US dollar.
- Author: TGB Editorial Team
- Tags: Central Banks, MENA, #archive

The Central Bank of Oman lowered its repo rate by 25 basis points to 5.00% in December 2024, aligning with the US Federal Reserve's latest easing move. The Omani rial is pegged to the US dollar.

The decision follows the established framework in which Gulf dollar-pegged central banks adjust domestic rates in tandem with Federal Reserve decisions to preserve exchange-rate stability. 

The CBO's December cut was in line with moves by other GCC central banks.