Morocco: Morocco’s central bank Bank Al-Maghrib (BAM) considered appropriate to keep the key interest rate unchanged at 2.25%, following a Board meeting held Tuesday in Rabat.

According to Agence Marocaine De Presse, the Board stated in a press release that it will continue to closely monitor domestic and external conditions. The focus will be on developments in the Middle East and their potential repercussions on economic activity. BAM emphasized that its decisions will be based on the most up-to-date data available, evaluated at each meeting.