Saudi Central Bank Follows Fed With Rate Cut
2025-09-17 18:46
By
Mojdeh Kazemi
1 min. read
The Saudi Central Bank cut its repo rate by 25 basis points to 4.75% and its reverse repo rate to 4.25% in September, following the Federal Reserve’s quarter-point rate reduction to 4.00%–4.25%.
The move reflects Saudi Arabia’s practice of aligning monetary policy with the US, given the riyal’s peg to the dollar.