Research & Analysis

After Bank Al-Maghrib’s opinion, the Ministry of Finance decided to proceed, starting Monday March 9th 2020, to a widening of the dirham’s fluctuation band from ± 2.5% to ± 5% compared to a central rate set by Bank Al-Maghrib at 60% EUR and 40% USD basket. 

Overall assessment of the 2019 Cameroonian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.

Overall assessment of the 2019 Moroccan economy and analysis of the main elements that characterize the 2020 Financial Act Draft.

Overall assessment of the 2019 Ivorian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.

Overall assessment of the 2019 Tunisian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.

Supported by the effectiveness of its monetary policy, which has proven to be relevant in its mission of maintaining price stability, Bank Al-Maghrib has maintained its key rate intact at 2.25% for almost 4 years while prioritizing a long-term interpretation of macroeconomic aggregates.

Equity Risk Primium analysis by Attijari Global Research

In this sixth edition, we have tracked the AGR Africa Bond Index evolution during Q2-2020. During this period, the index has experienced a sharp rebound in terms of value and outstandings.

The Q1-20 was marked by the worldwide spread of the Covid-19 pandemic. An unprecedented health crisis which has led Morocco, as many countries, to opt for a strict lockdown of population and shutdown of several economic activities.