The Board of Bank Al-Maghrib (BAM), convened in Rabat on Tuesday, decided to maintain the key rate unchanged at 2.75%.
“The Board deemed that it is appropriate to maintain the current monetary policy stance. It, thus, decided to keep the key rate unchanged at 2.75 percent, while continuing to closely monitor economic and social developments,” says BAM in a statement on its third quarterly Board meeting of 2024.
