SAMA′S DECISION ON REPO AND REVERSE REPO RATES

6/13/2018 12:00 AM

 

​On Wednesday June 13th, 2018, SAMA decided to raise its repo rate from 225 basis points to 250 basis points and its reverse repo rate from 175 basis points to 200 basis points.

Policy rate adjustments seek to preserve stable domestic monetary and financial conditions in view of evolving global market developments.

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