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Morocco’s Central Bank Stands Firm on Interest Rates

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  • 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.

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