09 : 56 AM - 11/01/2017
Muscat, Jan. 11 (BNA): "The Sultanate dismissed the news circulated by media that it is negotiating with Gulf Arab states to secure a multi-billion-dollar deposit in its central bank that would boost its foreign exchange reserves and head off any pressure on the Omani Riyal, according to a statement issued by the Ministry of Finance.
The statement added that the news published by Reuters that the Sultanate is negotiating with Gulf Arab states to secure a multi-billion-dollar deposit is false and that there have not been any negations to secure a multibillion worth deposit.
The statement affirmed that the Sultanate has enough reserves and that the value of the Omani Riyal does not face any risks, according to Oman News Agency (ONA).
BNA 0656 GMT 2017/01/11
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Last updated : 10 : 05 AM - 11/01/2017