Saudi- SAMA raises reverse repo rate
(MENAFN- Saudi Press Agency) Riyadh Rabi'I 05 1437 December 16 2015 SPA -- SAMA has decided to raise the reverse repo rate from 25 basis points to 50 basis points with immediate effect.
The repo rate remains unchanged at 200 basis points.
This decision was made in line with domestic and international financial market conditions.
--SPA
22:28 LOCAL TIME 19:28 GMT
The repo rate remains unchanged at 200 basis points.
This decision was made in line with domestic and international financial market conditions.
--SPA
22:28 LOCAL TIME 19:28 GMT
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