Bank Al-Maghrib keeps its key rate unchanged at 1.5%

The Board of Bank Al-Maghrib (BAM) decided to keep the key rate unchanged at 1.5% after its last quarterly meeting in 2021, held on Tuesday.

“The Council considered that the stance of monetary policy remains largely accommodative, ensuring adequate financing conditions. He judged in particular that the current level of the key rate remains appropriate and thus decided to keep it unchanged at 1.50% ”, indicates BAM in a press release.



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