The Saudi Central Bank’s Decision on Repo and Reverse Repo Rates

5/3/2023 9:45 PM

​Consistent with its mandate of preserving monetary stability, the Saudi Central Bank has decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 5.75 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 5.25 percent. 

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