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Tag: Bank Al Maghrib
Morocco: Flexible Exchange Rate won’t Affect Purchasing Power- Officials say
Almost one week after the launch of the Dirham float, head of Morocco's central bank, Abdellatif Jouahri, and Economy and Finance Minister, Mohammed Boussaid, reassured ... Read More
Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%
Morocco's Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said ... Read More
Bank Al-Maghrib & IMF Extend Investment Agreement
Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until ... Read More
Morocco’s Central Bank Maintains Key Rate at 2.25 % & Expects 4.3 % Growth in 2017
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 ... Read More
Governor of Morocco’s Central Bank Stars in Global Ranking
Abdellatif Jouahri, governor of Morocco's central bank, Bank Al Maghrib, was distinguished as one of the best performing heads of central banks in the world ... Read More
Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 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
Gradual Dirham Float will not Lead to Devaluation- Central Bank
The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of ... Read More
Morocco to Launch Gradual Dirham Liberalization in June
Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to ... Read More
Morocco’s Macroeconomic Conditions Propitious for Dirham Float
Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked ... Read More
Morocco’s Economy to Post 4.2% Growth in 2017- Central Bank
Morocco’s Central Bank, Bank Al Maghrib, forcasted a 4.2% growth rate for Moroccan economy in 2017, up from 1.2% in 2016. The positive growth rate ... Read More