Tag: key interest rate

Morocco’s Central Bank raises key interest rate to 3% to mitigate inflation

March 21, 2023

Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the ... Read More

Morocco’s Central Bank raises rates to 2% to fight inflation

September 28, 2022

Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor ... Read More

Morocco’s Central Bank maintains accommodative policy to promote growth

June 21, 2022

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting ... Read More

Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

July 18, 2017

Morocco's foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank ... Read More