Publisher: Maaal International Media Company
License: 465734
Monday, 21 April 2025
Saudi Central Bank raises base rates by 0.5%
In line with the goal of the Saudi Central Bank (SAMA) to maintain monetary and financial stability, and in light of local and global developments, the Saudi Central Bank decided to raise the rate of repurchase agreements “repo” by 0.5 percent from 1.75 to 2.25 percent, as well as raising the rate of reverse repurchase agreements “reverse repo” by 0.5 percent from 1.25 to 1.75 percent.
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