Saudi Central Bank Decision on Repo and Reverse Repo Rate
Page Content
In line with the Saudi Central Bank's
objective of maintaining monetary and financial stability, the Saudi Central
Bank has
decided to raise the Repurchase Agreement (Repo) rate by 0.5 percent to 1.75
percent from a previous 1.25 percent, and the Reverse Repurchase Agreement
(Reverse Repo) rate by 0.5 percent to 1.25 percent from a previous 0.75
percent.
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