Central bank money

Central Bank of Oman and People's Bank of China sign CBDC MoU

2 November 2026Middle EastSource: Oman Ministry of Foreign Affairs

On 2 November 2026, during Sultan Haitham bin Tarik's state visit to China, the Central Bank of Oman and the People's Bank of China signed a currency swap agreement and a memorandum of understanding on cooperation in central bank digital currencies, according to Oman's Ministry of Foreign Affairs.
Central Bank of Oman Governor Ahmed bin Jaafar Al Musalmi said the MoU formalises cooperation between the two countries to exchange expertise and experiences related to the technology, adding that China has one of the world's most advanced central bank digital currency systems.
People's Bank of China Governor Pan Gongsheng was among the Chinese signatories.

Why it matters

Banks in Oman should note that the Central Bank of Oman has formalised CBDC knowledge-sharing with the People's Bank of China; the release describes an exchange of expertise and sets out no pilot, product or timeline.

Read the original: Oman Ministry of Foreign Affairs ↗

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More detail

Who is affected

The Central Bank of Oman and the People's Bank of China.

Key dates

2 Nov 2026Central Bank of Oman and People's Bank of China sign a currency swap agreement and a CBDC cooperation MoU in Beijing

Key facts

Event: Memorandum of understanding
Jurisdiction: Middle East
Source: Oman Ministry of Foreign Affairs
Source tier: Tier 1 · Regulator / central bank

In the database

Institutions

Central Bank of Oman · People's Bank of China

How we verified this

The source says

“Regarding the MoU on cooperation in central bank digital currencies, he said that China has one of the world’s most advanced central bank digital currency systems.”

“He expressed his satisfaction with formalising cooperation between the two countries in this field through the signing of an MoU with the People’s Bank of China to exchange expertise and experiences related to this technology.”
Ahmed bin Jaafar Al Musalmi, Governor, Central Bank of Oman

“The agreement concerns currency exchange between the Central Bank of Oman and the People’s Bank of China.”

Verbatim from Oman Ministry of Foreign Affairs.

Sources

PrimaryOman Ministry of Foreign Affairs ↗2026-11-02T1Regulator

Evidence

Confidence: Low Quote not yet verified.
Quote verified: not yet
Archived snapshot: SHA-256 35843e9691c776b9… · fetched 2026-11-05 · Wayback Machine copy ↗
Source type: Primary Oman Ministry of Foreign Affairs ↗

Change log (1)

2026-11-05 Published

Full evidence record · How we label confidence

AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.

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