The Saudi Central Bank decided to raise the repo rate by 25 basis points to 5.25...
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The Saudi Central Bank decided to raise the repo rate by 25 basis points to 5.25 percent, and raise the reverse repo rate by 25 basis points to 4.75 percent. In a brief answer, What are the repo and the revers repo? What impact will this decision have on the state of the Saudi economy in general? In addition, what are the most prominent sectors affected? The Saudi Central Bank decided to raise the repo rate by 25 basis points to 5.25 percent, and raise the reverse repo rate by 25 basis points to 4.75 percent. In a brief answer, What are the repo and the revers repo? What impact will this decision have on the state of the Saudi economy in general? In addition, what are the most prominent sectors affected?
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The repo rate and reverse repo rate are both tools used by central banks to manage monetary policy T... View the full answer
Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
Posted Date:
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