Morocco Central Bank Keeps Interest Rate at 2.25 Percent

Morocco's central bank held its key interest rate at 2.25 percent today. Officials expect inflation to stay at 0.8 percent this year as food supplies improve.

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The central bank of Morocco has decided to maintain its benchmark interest rate at 2.25%, noting that domestic inflation is expected to remain moderate even as global economic uncertainties persist. The decision, announced following a quarterly meeting in Rabat, reflects a cautious approach to the current geopolitical climate.

An exterior view of the Central Bank of Morocco building in Rabat, as seen in a 2020 file photograph. REUTERS/Youssef Boudlal/File Photo
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