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Source:
فبراير.كوم
Banking liquidity gap drops to 138B dirhams
A report from the BMC Capital Global Research Center indicated that Morocco's bank liquidity deficit decreased to 138 billion dirhams between July 23 and 30, representing a decline of 3.66%. Additionally, the Bank of Morocco's 7-day advances fell by 11.3 billion dirhams, settling at 53.9 billion dirhams, while treasury allocations decreased to 16.5 billion dirhams from 18.2 billion the previous week. Despite the key rate remaining steady at 2.25%, the "Monia" index rose to 2.234%. It is expected that the Bank of Morocco will increase its interventions in the monetary market to maintain the level of advances at 53.9 billion dirhams.
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