Saudi Gazette report
RIYADH — The Saudi Central Bank (SAMA) has announced its decision to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 4.75 percent, and Reverse Repurchase Agreement (Reverse Repo) rate by 25 basis points to 4.25 percent.
This decision aligns with the global developments and in accordance with SAMA’s objective of maintaining monetary stability, the Saudi Press Agency reported.