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Saudi Arabian Monetary Authority cut the Repo rate

%%description%% The Saudi Arabian Monetary Authority (SAMA) has decided to cut the Repo rate by 75 basis points from 1.75% to 1.00 % and

Ajel News2319 days ago

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Key Takeaways

The Saudi Arabian Monetary Authority (SAMA) has decided to cut the Repo rate by 75 basis points from 1.75% to 1.00 % and the Reverse Repo rate by 75 basis points from 1.25% to 0.50%.

Thereduction in repo rates is for preserving monetary stability given evolvingglobal developments.

Saudi Arabian Monetary Authority cut the Repo rate

Key Takeaways

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