Moroccan Central Bank lowers interest to 4.66%
The report from the Directorate of Financial Studies and Forecasts revealed that the volume of liquidity injection operations carried out by Bank Al-Maghrib in May increased to 161.3 billion MAD, with interventions focusing on 7-day advances, repurchase agreements, and guaranteed loans to support small and medium-sized enterprises. Meanwhile, the average size of interbank transactions declined by 21.9%, reaching 1.7 billion MAD. The interbank interest rate remained steady at 2.25%, while the average interest rates on loans decreased by 16 basis points to 4.66%.
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