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The Commercial Research Center has confirmed that interbank interest rates in Morocco remained stable and aligned with the Bank of Morocco's main interest rate of 2.25% during the period from July 31 to August 6, 2026, despite a slowdown in economic activity during the summer. The average "Monea" index decreased from 2.2% to 2.19%, reflecting a decline in banks' demand for liquidity, as the central bank injected 49.4 billion MAD through repurchase agreements, compared to 53.9 billion MAD in the previous week, in addition to over 95 billion MAD via repurchase operations and secured loans. The treasury also reduced its overnight placements, with the average employment decreasing from 13.4 billion MAD to 8.3 billion MAD during the same week.
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