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Morocco holds interest rate as global risks threaten growth

Marrakech biggest market in Morocco. Photo by CALIN STAN @ Unsplash
Marrakech biggest market in Morocco. Photo by CALIN STAN @ Unsplash
  • Bank Al-Maghrib keeps key rate steady at 2.25%
  • External uncertainties overshadow strong domestic growth outlook

 

RABAT, MOROCCO – Morocco’s central bank has left its benchmark interest rate unchanged at 2.25%, pausing its easing cycle as policymakers balance strong domestic growth against mounting global uncertainties.

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