- Decision
- Lower
- Rate change
- 25 bps
- repo rate
- 4.75%
The Saudi Central Bank lowered the Repurchase Agreement (repo) rate by 25 bp to 4.75 % and the Reverse Repurchase Agreement rate by the same margin to 4.25 %, saying the adjustment reflects global developments and is consistent with its mandate to maintain monetary stability; the statement offered no further economic data or forward guidance.
Rate evolution
Information not available