SAMA Decision on Repo and Reverse Repo Rates ...Saudi Arabia

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source : sauress ( Saudi Arabia ) () 28
In line with the Saudi Central Bank's objective of maintaining monetary and financial stability, SAMA has decided to raise the rate of Repurchase Agreement (Repo) by 75 basis points to 4.50 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 75 basis points to 4.00 percent.

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