Omani money supply increased for the fourth month in a row to RO8.275 billion ($21.5 billion) in March, reflecting a similar growth with the central bank foreign assets, the central bank said on Sunday.

Money supply measured as M2 stood at RO8.103 billion in February according to the central bank statistics.

Money supply includes time and savings deposits, margins and foreign currency. The foreign assets of the central bank also grew for the fourth month in a row to RO5.053 billion in March up from RO4.826 billion in February.

The commercial banks in Oman extended a total credit of RO9.998 billion in March up from RO9.971 billion in February.

Customers deposits in commercial banks rose to RO9.788 billion in March from RO9.357 billion a month earlier, the central bank said.-Reuters