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Saudi Central Bank Raises Rates of Repo and Reverse Repo Agreements
Saudi Press Agency Published in Saudi Press Agency on 02 - 02 - 2023

The Saudi Central Bank decided to raise the rate of the repo agreement by 25 basis points to 5.25%, and to raise the rate of the reverse repo agreement by 25 basis points to 4.75%.
This comes in light of the monetary developments in the global markets, and taking into account the objectives of the Central Bank to maintain monetary stability and support financial stability.

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