X

Keywords:


Morocco's Central Bank Poised for Further Interest Rate Reductions in 2024

In a significant move that could reshape Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, is expected to implement additional cuts to its policy rates during the latter half of 2024. This forecast, put forth by Fitch Solutions, suggests a continuation of the monetary......

Bank Al-Maghrib Lowers Interest Rates to 2.75% Amid Inflation Decline

In a significant monetary policy shift, Morocco’s central bank, Bank Al-Maghrib, has announced a 25 basis point reduction in its benchmark interest rate, bringing it down to 2.75%. This move, marking the first rate change in over a year, comes on the heels of a notable decline in inflation pressures......

Bank Al-Maghrib and Swiss SECO Form Strategic Alliance

A groundbreaking alliance was officially solidified on Monday between Morocco's distinguished Bank Al-Maghrib (BAM) and Switzerland's formidable State Secretariat for Economic Affairs (SECO), marking the commencement of a new chapter in their bilateral partnership focused on strengthening the......