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Saudi Central Bank (SAMA) · Press Release

SAMA’s Decision on Repo and Reverse Repo Rates

قرار البنك المركزي بشأن معدل اتفاقيات إعادة الشراء وإعادة الشراء المعاكس

No action neededAwareness

The Saudi Central Bank decided to cut the repo rate by 50 basis points to 5.50 percent and the reverse repo rate by 50 basis points to 5.00 percent, in line with its objective of maintaining monetary stability. This decision was announced on 18/09/2024.

PublishedSeptember 18, 2024
Effective
GazetteNot gazetted
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