‎SAMA raises reverse repo, repo rates by 25 bps

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The Saudi Central Bank (SAMA) has increased its reverse repo rate by 25 basis points from 3.75% to 4.00%, and its repo rate by 25 basis points from 4.25% to 4.50%. This policy move directly follows the Federal Reserve's decision to raise the US interest rate target range by 25 basis points to 3.75%-4.00%.