Saudi Central Bank cuts Repo rate by 50 bp to 5.5 pct - Fujairah Updates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fujairahupdates.com\/saudi-central-bank-cuts-repo-rate-by-50-bp-to-5-5-pct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Central Bank cuts Repo rate by 50 bp to 5.5 pct - Fujairah Updates\" \/>\n<meta property=\"og:description\" content=\"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. 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\n 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.<\/p>\n

The rate of Reverse Repurchase Agreement (Reverse Repo) was also brought down by 50 basis points to five percent, according to a statement from the bank carried by the Saudi Press Agency.<\/p>\n

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.<\/p>\n

The rate of Reverse Repurchase Agreement (Reverse Repo) was a…<\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-274329","post","type-post","status-publish","format-standard","hentry","category-production"],"yoast_head":"\nSaudi Central Bank cuts Repo rate by 50 bp to 5.5 pct - Fujairah Updates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fujairahupdates.com\/saudi-central-bank-cuts-repo-rate-by-50-bp-to-5-5-pct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Central Bank cuts Repo rate by 50 bp to 5.5 pct - Fujairah Updates\" \/>\n<meta property=\"og:description\" content=\"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. 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