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Saudi Central Bank raises key interest rates by 75 bps

Thursday, September 22, 2022
Saudi Central Bank raises key interest rates by 75 bps

(Reuters) - The Saudi Central Bank said on Wednesday it increased its key interest rates by 75 basis points, moving in tandem with the U.S. Federal Reserve's hike as the Saudi riyal is pegged to the dollar.

The Saudi Central Bank, also known as SAMA, lifted its repo and reverse repo rates by 75 bps to 3.75% and 3.25%, respectively, it said in a statement.

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29-09-2022 06:21:04 (UTC+7)

EUR/USD

0.9716

-0.0018 (-0.18%)

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EUR/USD

0.9716

-0.0018 (-0.18%)

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GBP/USD

1.0851

-0.0037 (-0.34%)

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USD/JPY

144.34

+0.17 (+0.12%)

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-0.0014 (-0.21%)

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 GBP/USD1.0851↑ Sell
 USD/JPY144.34↑ Buy
 AUD/USD0.6509↑ Sell
 USD/CAD1.3624↑ Buy
 EUR/JPY140.24↑ Sell
 EUR/CHF0.9493↑ Sell
 Gold1,666.00↑ Sell
 Silver18.860Sell
 Copper3.3785↑ Sell
 Crude Oil WTI81.75↑ Sell
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 Natural Gas6.989Sell
 US Coffee C227.80↑ Sell
 Euro Stoxx 503,335.30Neutral
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 DAX12,183.28Neutral
 FTSE 1007,005.39Neutral
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 IBEX 357,442.20Neutral
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 Bayer48.19Neutral
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 Lufthansa5.772↑ Buy
 Siemens AG99.46↑ Buy
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RON 95-V23.26023.720
RON 95-III22.58023.030
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GBP24.732,3625.786,46
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KRW14,2317,34
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