Search

Morocco’s Central Bank Stands Firm on Interest Rates

Subscriber only Subscriber only
Allen dreyfus Logo
© Allen Dreyfus
  • Morocco’s Central Bank maintains its key interest rate at 3%
  • The bank forecasts economic growth and managing the impacts of recent earthquake.

 

Morocco’s Central Bank, Bank Al-Maghrib (BAM), has decided to keep its key interest rate steady at 3%. This decision reflects a strategic approach to balancing economic growth with inflation containment amidst a year marked by monetary tightening and inflationary concerns.

You need an active subscription to continue reading this article.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Amid tariff wars, Africa seals $48bn to boost intra-trade
Read More »
Photo by Mwanje Henry @ Unsplash
Uganda’s pension giant posts record $7.4bn assets
Read More »
Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
Read More »

Recent Politics

Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast vote: Is Ouattara headed for a one-man race?
Read More »
Loading of maritime containers aboard vessels in a seaport. Photo @ Unsplash
Is Ethiopia’s sea access dispute with Eritrea a path to conflict?
Read More »

Latest Posts

Latest news insights