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The Saudi Central Bank’s Decision on Repo and Reverse Repo Rates
12/14/2022 11:15 PM

The Saudi Central Bank has decided to raise the rate of Repurchase Agreement (Repo) by 50 basis points to 5.00 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 50 basis points to 4.50 percent. This decision is in line with the central bank’s objectives of maintaining monetary stability and supporting financial stability. 

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