Publisher: Maaal International Media Company
License: 465734
In light of global monetary developments and taking into consideration the Central Bank’s objectives in maintaining monetary stability and supporting financial stability, the Saudi Central Bank has decided to raise the rate of Repurchase Agreement (Repo) by 25 basis points to 5.25 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 25 basis points to 4.75 percent.