State Bank of Morocco
State Bank of Morocco Begins Interest Rate Down-Cycle
June 25, 2024
Morocco’s central bank interest rate has been cut by 25 basis points to 2.75%. Such had been kept at 3.0% for the previous 15 months, double its mid-2020 to September 2022 level. Consumer price inflation crested early in 2023 at 10.1% overall and 8.3% among non-volatile core items and showed considerably lower readings last month […] More
