Bank Al-Maghrib Interest Rate Cut: Insights and Impacts
Bank Al-Maghrib Slashes Interest Rates: A Strategic Move to Stimulate Morocco’s Economic Recovery
In a strategic move reflecting a response to evolving geopolitical risks and the global economy’s resilience, Bank Al-Maghrib has reduced its benchmark interest rate to 2.25%.This decision marks the third rate cut since June, signifying a shift in the monetary policy aimed at bolstering economic activity and employment.