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Rabat – Bank Al Maghrib has decided Tuesday, following the third quarterly meeting of its board, to keep its key rate unchanged at 2.25 %.
“Considering that inflation forecast is consistent with the objective of price stability and in view of recent monetary and economic developments and their medium-term expectations, the Bank Board judged that the current level of 2.25 percent for the key rate remains appropriate and decided to keep it unchanged,” the central bank said in a press release.
