In line with its objective of preserving monetary stability, the Saudi Central Bank (SAMA) decided to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.50%, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 50 basis points to 5.00%.Source: Saudi Press Agency
Home » SAMA Decides to Reduce Repo and Reverse Repo Rates
SAMA Decides to Reduce Repo and Reverse Repo Rates
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