Central Bank RatesSaudi Arabia policy rate in 2002 (2 changes)
Start of year2.75%
End of year2.00%Dec 31, 2002
Net change-75 bp0 hikes, 2 cuts
Average2.475%
Rank by level31 / 34
Changes in 2002
| Date | From | To | Change |
|---|---|---|---|
| Mar 12, 2002 | 2.75% | 2.50% | cut -25 bp |
| Nov 10, 2002 | 2.50% | 2.00% | cut -50 bp |
Compared with other areas at the end of 2002
44%
25%
21%
15.22%
13.5%
9.5%
8.9%
8.5%
8.25%
7.5%
7%
6.75%
6.5%
5.75%
5.63%
5.31%
5.25%
5%
4.75%
4.25%
4%
3.75%
3.25%
3.25%
3%
2.95%
2.75%
2.75%
2.75%
2.75%
2%
1.75%
1.25%
0.75%
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%
2002: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.