The key rate remains the same at 1.50%

The Board of Bank Al-Maghrib kept the key rate unchanged at 1.5% at the end of its 2nd meeting of the year 2022, the institution announced.

The Board of Bank Al-Maghrib held its second session of the year 2022 on Tuesday, June 21. During this meeting, it examined and approved the annual report on the economic, monetary and financial situation of the country as well as on the activities of the Bank for the 2021 financial year.

The central bank analyzed the evolution of the economic and social situation at the national and international levels, and updated its macroeconomic forecasts, and decided not to change the key rate set at 1.5%.

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