SAMA Cuts Repo Rate to 5.00% and Reverse Repo to 4.50%

KSA, 19 December, 2024 :  The Saudi Central Bank (SAMA) has announced a 25-basis-point reduction in its key policy rates. The Repurchase Agreement (Repo) rate has been lowered to 5.00%, while the Reverse Repurchase Agreement (Reverse Repo) rate is now 4.50%.

This decision reflects SAMA’s ongoing efforts to preserve monetary stability and respond to evolving global economic conditions. It underscores the bank’s commitment to supporting the financial system in the face of international developments.