Saudi Central Bank Decision on Repo and Reverse Repo Rates

The Saudi Central Bank (SAMA)decided to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 5.00 percent and the Reverse Repurchase Agreement (Reverse Repo) rate by 25 basis points to 4.50 percent.
The decision aligns with SAMA’s mandate of preserving monetary stability in the context of global developments.

Source: www.spa.gov.sa