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SAMA's decision on repo and reverse repo rates
Saudi Press Agency Published in Saudi Press Agency on 16 - 03 - 2020

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%.
The reduction in repo rates is for preserving monetary stability given evolving global developments.

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