Saudi Central Bank Raises Repo Rate and Reverse Repo Agreements By 75 Points ...Saudi Arabia

The Saudi Central Bank has decided to raise the rate of repurchase "repo" agreements by 75 basis points (BPS) from 2.25 to 3.00%, as well as raising the rate of "reverse repo" agreements by 75 basis points (BPS) from 1.75 to 2.50%, in line with the bank's goals in maintaining monetary and financial (...)

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