The Saudi Arabian Monetary Authority (SAMA) announced on 03 March 2020 that it had decided to cut the Repo rate by 50-basis points from 2.25% to 1.75% and Reverse Repo rate by 50-basis points from 1.75% to 1.25%. In the interests of preserving monetary stability, the Repo rate and the Reverse Repo rate were reduced by a further 75-basis points on 16 March 2020 from 1.75% to 1.00%, and 1.25% to 0.50% respectively. On the…
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COVID-19: Critical Update on Iraqi Operations
by Andrew Mackenzie, Paul Teo and Andy Moody 3 Mins ReadOn 22 March 2020, the Iraqi Government Crisis Cell took the unusual measure of issuing an announcement declaring…
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