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الاقتصادية
SOFR surpasses 5% after 4 months
The "SIBOR" (Saudi Interbank Offered Rate) has risen above 5% for the first time in four months, indicating an increase in borrowing costs in the Saudi market. This rise is attributed to higher demand for liquidity and expectations of rising interest rates in global markets, which impact real estate and commercial financing in Saudi Arabia. The market is resisting the effects of the economic slowdown, and the costs of financing continue to experience fluctuations, with forecasts of further increases if liquidity pressures persist.
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