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Business Finance

Morocco’s Central Bank Maintains Key Rate at 2.25 % & Expects 4.3 % Growth in 2017

North Africa Post

Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]
Emerging Markets Finance Headlines International Morocco

Moroccan central bank urges caution in dealing with CBDCs

North Africa Post

Morocco’s central bank governor Abdellatif Jouahri advocated a cautious approach in adopting central bank digital currencies (CBDCs), recalling that the bank set up a working group to look at the matter in 2021. Speaking to a conference attended by IMF chief Kristina Georgieva, Jouahri underscored the urgent character of examining CBDCs which have a role […]
Headlines Maghreb Morocco

Throne Day festivities, ceremonies postponed due to state of health emergency

North Africa Post

All activities, festivities and ceremonies planned on the occasion of Throne Day, marking this year the 21st anniversary of the accession of King Mohammed VI to the Throne have been postponed due to the state of health emergency decreed to limit the spread of the coronavirus pandemic. The announcement came in a statement released Tuesday […]