- Decision
- Lower
- Rate change
- 25 bps
- repo rate
- 4.5%
The Saudi Central Bank (SAMA) lowered its repurchase agreement (repo) rate by 25 bp to 4.50 % and the reverse repo rate to 4.00 %, stating the adjustment aims to preserve monetary stability in view of global monetary developments. The move follows a similar 25 bp cut in September that had taken the repo and reverse repo rates to 4.75 % and 4.25 % respectively. SAMA did not provide further details on domestic inflation, growth, liquidity conditions or future policy intentions.
Rate evolution
Information not available