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Saudi Central Bank cuts Repo rate by 50 bp to 5.5 pct

The Saudi Central Bank, in line with its objective of preserving monetary stability, decided Wednesday to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.5 percent.

The rate of Reverse Repurchase Agreement (Reverse Repo) was a…

Mashaat in talks with EU over macro-financial assistance

Planning, Economic Development and International Cooperation Minister Rania el Mashaat held on Thursday 19/9/2024 a meeting with EU officials, via video-conferencing, on the implementation of the first stage of macro-financial assistance (MFA) under w…