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    Central Bank Keeps its Key Rate Unchanged at 2.25%

    19 Dec 2018

    Rabat -

    Morocco's Central Bank (Bank Al-Maghrib) announced, Tuesday, its decision to keep unchanged its key rate at 2.25%, given the fact that its current level remains appropriate.

    Taking into account the recent economic developments as well as the macroeconomic forecasts prepared by the Bank for the next eight quarters, the Board considered that the current level of the key rate at 2.25 percent remains appropriate and decided to keep it unchanged, said a statement issued Tuesday after the last quarterly meeting of Bank Al-Maghrib’s Board for 2018.

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