EXECUTIVE SUMMARY
During our survey conducted in June, we identified investors' expectations regarding the evolution of the Moroccan central bank key rate during its 2nd monetary policy meeting in Q2-22. Recall that this survey was carried out among a sample of 35 investors considered among the most influential of the Moroccan stock market.
At the end of this exercise, the consensus of financial investors pleads for a stability in the key rate of Bank Al-Maghrib in June 2022. However, expectations of a rise in the key rate are increasingly visible in the responses obtained.
In more detail, 63% of investors surveyed anticipate a status quo of the key rate during the next BAM
meeting scheduled for June 21st, 2022 against 88% previously.
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