Overview of key economic events in Saudi Arabia during H1 2023
- Date: 10-Jul-2023
- Source: Argaam
- Sector:Financial Services
- Country:Saudi Arabia
Overview of key economic events in Saudi Arabia during H1 2023
The Kingdom of Saudi Arabia's flag
The Saudi economy has witnessed several major events during the first half of 2023, most notably raising the reverse repo rate from 450 basis points to 525 bps, as well as raising the repo rate from 500 bps to 575 bps in three times.