Morocco's Key Rate Cut Sparks Economic Boost Ahead of Major Investments
6 days ago
In a significant move to stimulate its economy, the Bank of Morocco has announced a reduction in its key interest rate, cutting it from 3.00% to 2.75%. This decision, effective immediately, is seen as a critical step to encourage investment and economic activity, particularly in light of the upcoming 2026 FIFA World Cup, which is expected to bring substantial financial influx and developmental opportunities to the nation.
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