The Saudi Central Bank cut its repo rate by 25 basis points to 4.75% and its reverse repo rate to 4.25% in September, following the Federal Reserve’s quarter-point rate reduction to 4.00%–4.25%. The move reflects Saudi Arabia’s practice of aligning monetary policy with the US, given the riyal’s peg to the dollar.
作者:Mojdeh Kazemi,文章来源tradingeconomics,版权归原作者所有,如有侵权请联系本人删除。
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