The Saudi Central Bank raised its benchmark repo rate by 25 bps to 4.50% in September 2026, mirroring the Federal Reserve’s decision. The move followed the Fed’s announcement that it would raise the target range for the federal funds rate by 25 bps to 3.75%-4% at its meeting, while a majority of FOMC members projected another hike this year. The decision reflects Saudi Arabia’s practice of aligning its monetary policy with that of the US, given the riyal’s peg to the dollar. source: Saudi Central Bank
The benchmark interest rate in Saudi Arabia was last recorded at 4.50 percent. Interest Rate in Saudi Arabia averaged 3.65 percent from 1992 until 2026, reaching an all time high of 7.00 percent in May of 2000 and a record low of 1.00 percent in March of 2020. This page provides the latest reported value for - Saudi Arabia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Repo Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
The benchmark interest rate in Saudi Arabia was last recorded at 4.50 percent. Interest Rate in Saudi Arabia is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Repo Rate is projected to trend around 4.75 percent in 2027 and 4.50 percent in 2028, according to our econometric models.