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Morocco holds rates at 2.25% as growth strengthens amid global uncertainty

Marrakech, Morocco Photo @ Pexels
Marrakech, Morocco Photo @ Pexels
  • Central bank pauses easing cycle amid geopolitical risks
  • Inflation remains subdued despite rising oil price pressures

 

RABAT, MOROCCOMorocco’s central bank held interest rates steady on Tuesday, pausing its easing cycle as it balances strong growth with low inflation and rising global uncertainty.

Bank Al-Maghrib said after its first quarterly meeting of the year that it had kept its benchmark interest rate unchanged at 2.25%, maintaining borrowing costs at their lowest level since cuts began in mid-2024.

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