Casablanca Closing March 27th, 2024
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Morning Brief march 27th, 2024
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Casablanca Closing March 26th, 2024
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Morning Brief march 26th, 2024
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Casablanca Closing March 25th, 2024
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Morning Brief march 25th, 2024
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Key Rate - March 2024
For the 4th consecutive time, Bank Al-Maghrib decides to keep its Key Rate unchanged at 3% during its first monetary policy committee in 2024. The institution had abandoned its restrictive monetary policy, after three cumulative increases of +150 BPS of its Key Rate since September 2022.
Casablanca Closing March 22nd, 2024
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MAD Insights March 22nd, 2024
The Dirham appreciated against the Dollar this week to 10.05 against 10.03 the previous week, a variation of +0.17%. This latter is mainly explained by a positive basket effect which stands at +0.27% following the appreciation of the Dollar this week. The market effect, for its part, comes out negative at -0.10% in favor of the Dirham.