Saudi central bank raises base rate by 50 basis points ...Saudi Arabia

The Saudi Central Bank (SAMA) decided to raise the rate of "repo" agreements by 0.5% (from 1.25% to 1.75%). SAMA also raised the rate of "reverse repo" agreements by 0.5% (from 0.75% to 1.25%), as part of the Bank's efforts to maintain monetary and financial stability. This decision was taken after (...)

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