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samaSaudi Arabian Monetary AuthorityNewsSAMA'S DECISION ON REPO AND REVERSE REPO RATES
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SAMA'S DECISION ON REPO AND REVERSE REPO RATES
16/03/2020

The Saudi Arabian Monetary Authority (SAMA) has decided to cut the Repo rate by 75 basis points from 1.75% to 1.00 % and the Reverse Repo rate by 75 basis points from 1.25% to 0.50%. The reduction in repo rates is for preserving monetary stability given evolving global developments.
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