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SAMA has decided to lower its overnight reverse repo rate from 75 bp to 50 bp, effective immediately
Saudi Press Agency Published in Saudi Press Agency on 14 - 04 - 2009

The Saudi Arabian Monetary Agency SAMA has decided to lower its overnight reverse repo rate from 75 bp to 50 bp, effective immediately.
This measure has been taken in view of the easing of inflationary pressures in the domestic economy and ample system liquidity warranting a realignment of the reverse repo rate with short dated rates.

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