Interest rate decision · Saudi Arabia

Saudi Arabia Interest Rate Decision

The Saudi Arabia Interest Rate Decision is the Saudi Central Bank (SAMA)'s announcement of its main policy rate, the repo rate. It is the price of money in Saudi Arabia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

Wichtigkeit
Medium
Veröffentlicht
About every six weeks
Währung
SAR · Saudi riyal
Zentralbank
The Saudi Central Bank (SAMA)

Neueste Zahlen

Die letzte Veröffentlichung erschien am 2026-09-16 und lag bei 4.5%. Das ist mehr als 4.25% beim letzten Mal.

In den letzten 4 Veröffentlichungen lag der Wert zwischen 4.2% und 4.8%, im Schnitt 4.5%.

Sep 2025: 4.75%Oct 2025: 4.50%Dec 2025: 4.25%Sep 2026: 4.5% Sep 2025Sep 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
16 Sep 2026–4.5%–4.25%
10 Dec 2025–4.25%–4.50%
29 Oct 2025–4.50%–4.75%
17 Sep 2025–4.75%–5%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

No release moves markets more directly. The rate decides what holding the Saudi riyal pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.

So wird gerechnet

There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.

Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gap

Was Veränderungen bedeuten

  • Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
  • Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
  • Look at the vote split: dissents in one direction often foreshadow the next move.
  • A hike or hawkish hold usually lifts the Saudi riyal and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.

Höher als erwartet: A higher rate than expected (or a hawkish surprise) usually lifts the Saudi riyal and bond yields and weighs on stocks.

Niedriger als erwartet: A lower rate than expected usually weakens the Saudi riyal, lowers bond yields and supports stocks.

Eine kurze Geschichte

Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.

The riyal is pegged to the US dollar, so Saudi rates follow the Fed.

Fragen

What is the Saudi Arabia Interest Rate Decision?

The Saudi Arabia Interest Rate Decision is the Saudi Central Bank (SAMA)'s announcement of its main policy rate, the repo rate. It is the price of money in Saudi Arabia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

What was the latest Saudi Arabia Interest Rate Decision?

4.5%, published on 16 September 2026.

When is the Saudi Arabia Interest Rate Decision announced?

On the dates of the Saudi Central Bank (SAMA)'s scheduled policy meetings, published a year in advance; the calendar above shows the next one.

Why do markets move before the decision?

Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.