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

7/26/2023 9:30 PM

​​The Saudi Central Bank has decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 6.00 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 5.50 percent. This decision is in line with SAMA’s mandate of preserving monetary stability.​

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