Bank Al-Maghrib has once again lowered its key interest rate, cutting it by 25 basis points to 2.25%. This marks the second consecutive reduction and the third since last June, a move aimed at bolstering economic activity and job growth.
The decision comes as inflation remains under control, giving the central bank the flexibility to adjust its monetary policy while ensuring price stability.
Bank Al-Maghrib emphasized that it will continue to monitor economic conditions closely and adjust its approach based on the latest data. Further changes could be on the horizon in the coming months.
