Central Bank RatesSaudi Arabia policy rate in 2001 (10 changes)
Start of year7.00%
End of year2.75%Dec 31, 2001
Net change-425 bp0 hikes, 10 cuts
Average4.479%
Rank by level28 / 33
Changes in 2001
| Date | From | To | Change |
|---|---|---|---|
| Jan 6, 2001 | 7.00% | 6.50% | cut -50 bp |
| Jan 30, 2001 | 6.50% | 6.00% | cut -50 bp |
| Mar 21, 2001 | 6.00% | 5.50% | cut -50 bp |
| Apr 21, 2001 | 5.50% | 5.00% | cut -50 bp |
| May 16, 2001 | 5.00% | 4.50% | cut -50 bp |
| Jun 30, 2001 | 4.50% | 4.25% | cut -25 bp |
| Aug 22, 2001 | 4.25% | 4.00% | cut -25 bp |
| Sep 19, 2001 | 4.00% | 3.50% | cut -50 bp |
| Oct 6, 2001 | 3.50% | 3.00% | cut -50 bp |
| Nov 17, 2001 | 3.00% | 2.75% | cut -25 bp |
Compared with other areas at the end of 2001
25%
19%
16.43%
15%
11.5%
9.75%
9.6%
9.5%
8.5%
8.5%
8.04%
7.75%
6.5%
6.5%
5.85%
5%
4.75%
4.75%
4.25%
4.25%
4%
4%
3.8%
3.75%
3.6%
3.25%
3.25%
2.75%
2.25%
2.25%
1.75%
1.75%
0.15%
Year-end rate over time
4.5%
4.25%
5%
6%
5%
1%
1%
2.25%
3%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2.5%
5.5%
5.2%
4.75%
2.5%
1.75%
2%
2.75%
7%
2001: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.