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RIYADH, March 15 (Reuters) - Saudi Arabia's central bank raised its two key interest rates by 0.25 percentage points on Thursday in an apparent effort to prevent Saudi money rates from falling far ...
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Saudi central bank shifts to Bitcoin, stakes big on StrategyThe Saudi Central Bank has made an impressive shift to leading digital asset Bitcoin. According to a recent filing with the United States Securities and Exchange Commission (SEC), the bank now ...
DUBAI (Reuters) - Saudi Arabia's central bank has signed a deal with U.S.-based Ripple to help banks in the kingdom settle payments using blockchain software, as Gulf regulators begin to explore ...
CAIRO, May 3 (Reuters) - Saudi Arabia's central bank on Wednesday increased its repo rate by 25 basis points to 5.75% and its reverse repo rate also by 25bps to 5.25%, it said in a statement.
RIYADH, Dec 10 (Reuters) - Saudi Arabia's central bank is ready for any liquidity squeeze from Saudi Aramco's initial public offering (IPO) and is closely monitoring local banks, its governor said ...
Saudi Arabia is recognized for its advanced digital payment ecosystem, which has helped fulfill its ambitious Saudi Vision ...
Saudi Arabia’s central bank is studying how commercial banks should reschedule housing mortgage loans after government austerity measures reduced many borrowers’ incomes, a Saudi newspaper reported on ...
CAIRO – CAIRO (AP) — Saudi Arabia's central bank holds more than twice the amount of gold previously estimated, a shift that analysts said reflected more of an accounting adjustment than an ...
RIYADH, Saudi Arabia—The central bank here transferred $40 billion to the kingdom’s wealth fund, the Saudi finance minister said, as the state-owned investor picked up minority stakes in ...
Saudi central bank Governor Ahmed Alkholifey said increased sovereign debt issuance means the regulator can now use open-market operations -- the buying and selling of securities to influence ...
CAIRO, May 3 (Reuters) - Saudi Arabia's central bank on Wednesday increased its repo rate by 25 basis points to 5.75% and its reverse repo rate also by 25bps to 5.25%, it said in a statement.
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