Board of Bank Al-Maghrib: Inflation and growth alert

The key rate remains at 1.5%! The Moroccan cen­tral bank (BAM) Board meeting on Tuesday, June 21 kept the rate unchanged while remaining attentive to developments in the situa­tion at the national and international level. The Board opted for the conti­nuation of an accommodating mone­tary policy in a situation marked by a great deal of uncertainty and galloping inflation...