The institution, also known as SAMA, cut its repurchase agreement rate to 5 percent and the reverse repurchase agreement rate to 4.5 percent, it said in a statement. The move is aimed at maintaining monetary stability amid shifting global economic conditions. Read more: https://lnkd.in/d3ziXN8f #TheFinancial #News #Sama #KSA #SaudiArabia
