Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National
Overview: The Saudi Arabian Monetary Authority cut the REPO rate by 50 basis points from 2.25% to 1.75% and the reverse REPO rate by 50 basis points from 1.75% to 1.25%.
Full details here: http://www.sama.gov.sa/en-US/News/Pages/News-508.aspx