The Board of Morocco's central bank (Bank Al-Maghrib) has decided to keep the policy rate unchanged at 1.5% at the end of its last quarterly meeting of the year 2021, held on Tuesday.
"The Board considered that the monetary policy stance remains broadly accommodative, ensuring adequate financing conditions. In particular, the Board deemed the current level of the policy rate to be appropriate and thus decided to keep it unchanged at 1.50 percent," the central bank said in a statement.
