Riyadh, November 02, 2022, SPA -- In line with the Saudi Central Bank's objective of maintaining monetary and financial stability, SAMA has decided to raise the rate of Repurchase Agreement (Repo) by 75 basis points to 4.50 percent, and the rate of Reverse Repurchase Agreement (Reverse Repo) by 75 basis points to 4.00 percent. --SPA 23:00 LOCAL TIME 20:00 GMT 0039 www.spa.gov.sa/w1808402