In line with the Saudi Central Bank's objective of maintaining monetary and financial stability, and in light of recent global developments, SAMA has decided to raise the Repurchase Agreement (Repo) rate by 75 basis points to 3.00 percent from 2.25 percent, and the Reverse Repurchase Agreement (Reverse Repo) rate by 75 basis points to 2.50 percent from 1.75 percent.
