Bank Interest Rate in Morocco 2022 Latest Update

Filed in Articles by on April 11, 2022 0 Comments

Do you want to know the current interest rate in Morocco? If yes, then this article is for you.

Interest Rate in Morocco 2022

In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al-Maghrib. The official interest rate is the key rate.

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Interest Rate in Morocco 2022

The National bank of Morocco held its benchmark interest rate at 1.5% at its December 2021 meeting, mentioning the monetary policy stance remains broadly accommodative, ensuring adequate financing conditions. Policymakers noted overall economic activity has recovered significantly this year, boosted by the progress of the vaccination campaign and the maintenance of fiscal and monetary stimulus.

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Source: Sabonews.org

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