The Saudi Central Bank announced on September 16 that it had raised its repurchase agreement rate by 25 basis points to 4.50%. Its reverse repurchase agreement rate increased by the same amount to 4.00%.
SAMA said the adjustments reflected its mandate to preserve monetary stability. Each increase equals 0.25 percentage points; the two resulting policy rates are 0.50 percentage points apart, calculated from the published levels.
Finance Minister Ahmed Kouchouk met AIIB President Zou Jiayi on September 7. Egypt said it sought broader cooperation on climate-resilient infrastructure, green transition, regional connectivity and transport.
State Information Service — Finance Minister and AIIB meeting↗
w.
Beyond the wellhead, context.
A source-linked view of wells, energy and markets in five languages.