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05 Jun, 2023
Latest News:
Kingdom of Morocco: King Mohammed VI Inaugurates Modern Vocational Training Complex in Tamesna, Near Rabat
UK Commends King Mohammed VI’s Leadership on Stability, Peace and Development
Syria: Morocco Calls for Political Process to End the Crisis

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Tag: US Federal Reserve

Saudi Central bank increases interest rate by 50 basis points to tame inflation

May 5, 2022 Jaber Ali

The Saudi central bank increased Wednesday the interest rate by 50 basis points in a bid to control inflation, Arab News reports. The bank known as SAMA, said the move is in line with objectives of maintaining monetary and financial Read more

Finance, Headlinescentral bank, inflation, KSA, Saudi Arabia, US Federal Reserve

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