FINANCIAL MARKET HEADLINES
| MOROCCO | CIMAR | NIGS down 8% in H1 2023
| MOROCCO | TOTALENERGIES MARKETING MAROC | NIGS down 70% in H1 2023
| MOROCCO | TGCC | NIGS up 30% in H1 2023
| MOROCCO | SBM | NIGS up 2% in H1 2023
ECONOMIC HEADLINES
| MOROCCO | KEY RATE | BAM maintains the key rate unchanged at 3%
The Board of Bank Al-Maghrib held on, Tuesday September 26th 2023, decided to keep the key rate unchanged at 3.0%. Mean-while, the Central Bank forecasts a growth rate of 2.9% in 2023 and 3.2% in 2024.
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