On November 2, 2026, the responsible officials of the People's Bank of China and the Central Bank of Oman exchanged views on bilateral economic and financial cooperation. The same day, witnessed by the heads of state of both countries, the two sides signed a bilateral local currency swap agreement amounting to 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. This move will help deepen monetary and financial cooperation between the two countries, enhance the facilitation of cross-border digital payments, and safeguard financial market stability.