Tag: interest rate

Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight

January 8, 2024

African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria's Naira and Kenyan Shilling experiencing ... Read More

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

December 20, 2017

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

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

September 27, 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