In line with the Saudi Central Bank's
objective of maintaining monetary and financial stability, and in light of
domestic and global developments, SAMA has decided to raise the Repurchase
Agreement (Repo) rate by 0.5 percent to 2.25 percent from a previous 1.75
percent, and the Reverse Repurchase Agreement (Reverse Repo) rate by 0.5
percent to 1.75 percent from a previous 1.25 percent.
