Central Bank Keeps Key Rate Unchanged At 2.25%

The Board of Bank Al-Maghrib (BAM) convened, Tuesday in Rabat, decided to keep its key rate unchanged at 2.25%.

“Based on the assessments, particularly those of medium-term inflation and growth prospects, the Board considered that the current level of the key rate at 2.25 percent remains appropriate and decided to keep it unchanged,” said the Board of Bank Al-Maghrib in a press release following its second quarterly meeting of 2018.

Article19.ma

Comments (0)
Add Comment