Pan Gongsheng, Governor of the People's Bank of China, held a meeting with Ahmed Al Musalmi, Governor of the Central Bank of Oman, during which the two sides exchanged views on bilateral economic and financial cooperation. On the same day, witnessed by the heads of state of both countries, the two central banks signed a RMB/Omani Rial bilateral local currency swap agreement worth RMB 30 billion/OMR 1.5 billion, valid for five years, along with a Memorandum of Understanding on strengthening cooperation in digital payments and legal digital currency. These agreements are expected to deepen monetary and financial cooperation between the two countries, improve the facilitation of cross-border digital payments, and contribute to safeguarding financial market stability.
