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El-Hiri endorses 2.25% rate stability
The Bank of Morocco confirmed the maintenance of the main interest rate at 2.25%, reflecting a cautious and balanced decision aimed at supporting economic activity while maintaining price stability. This comes in light of declining inflation indicators and the stabilization of food and energy prices, amid ongoing monitoring of rising transportation costs linked to increases in fuel prices. The decision seeks to strike a balance between price stability, supporting growth, and protecting purchasing power, while also keeping an eye on international developments and their impacts on the energy market and inflation.
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