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Keywords: Morocco Central Bank


Moroccan dirham shows mixed performance as central bank boosts financial system

The Moroccan dirham demonstrated varied performance in foreign exchange markets during January 16-22, appreciating 0.6% against the US dollar while declining 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, BAM reported no currency auction operations in the foreign exchange......

Morocco's Central Bank Maintains Interest Rates: A Balancing Act for Economic Recovery

In a strategic move to support the nation's economic recovery, Morocco's central bank, Bank Al-Maghrib (BAM), has decided to hold its key interest rate steady at 2.75%. This decision, announced on September 25, 2024, reflects a delicate balance between managing inflation and fostering economic......

Bank Al-Maghrib Inspires High Investor Confidence with Steady Interest Rates

Rabat - As inflation shows signs of deceleration, Morocco's central bank, Bank Al-Maghrib, is widely expected to maintain benchmark interest rates at 3% during its upcoming quarterly meeting on December 19th. According to a recent survey conducted by Attijari Global Research, there is unanimous......