Saudi Arabia's central bank cuts interest rate by 25 basis points

Saudi Arabia's central bank decides to cut interest rates to support monetary stability in light of global developments.
Saudi Central Bank

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Saudi Central Bank decided to reduce the repurchase agreement (repo) rate by (25) basis points to (4.25) percent, and reduce the reverse repo rate by (25) basis points to (3.75) percent.

This comes in light of global developments and in line with its objective of maintaining monetary stability. This comes in light of global developments and in line with its objective of maintaining monetary stability.

This comes in light of global developments and in line with its objective of maintaining monetary stability.