‎SAMA cuts reverse repo, repo rates 25 bps

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The Saudi Central Bank (SAMA) announced today a 25-basis point (bps) cut in the reverse repurchase (reverse repo) rate from 450 to 425 bps, and a 25 bps cut in the repurchase (repo) rate from 500% to 475 bps.

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The Saudi Central Bank (SAMA) announced today a 25-basis point (bps) cut in the reverse repurchase (reverse repo) rate from 450 to 425 bps, and a 25 bps cut in the repurchase (repo) rate from 500% to 475 bps.