Saudi Arabia cuts repo and reverse repo rates by 25 basis points

Saudi Arabia cuts repo and reverse repo rates by 25 basis points Saudi Arabia cuts repo and reverse repo rates by 25 basis points

Saudi Gazette reportRIYADH —The Saudi Central Bank (SAMA) decided to reduce the repurchase agreement (repo) rate by 25 basis points (bps) from 450 to 425 bps and the reverse repurchase agreement (reverse

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