Moody's Investors Service has given new ratings to Oman's Bank Muscat long-term foreign currency deposit rating from 'A2' to 'A1', with a 'stable' outlook. This upgrade follows Moody's decision to change the foreign currency deposit ceiling for Oman to 'A1' from 'A2'. The change in the foreign currency deposit ceiling of Oman to A1 from A2 means the foreign currency deposit rating is no longer constrained by the respective ceiling.
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