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SAMA's decision on repo and reverse repo rates
10/30/2019 12:00 AM
The Saudi Arabian Monetary Authority (SAMA) has decided to lower the Repo rate by 25 basis points from 2.50% to 2.25% and the Reverse Repo rate by 25 basis points from 2% to 1.75% with immediate effect. Policy Rate adjustments are consistent with SAMA's objective of maintaining monetary stability.
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