A global Panic…, an inflated decline of equities in Morocco
In this unstable global context, it would be pretentious to say that the Moroccan Equity market is completely spared. Indeed, there are several transmission channels of the deterioration of interna-tional economic conditions to Morocco.
Bank Al-Maghrib: Unprecedented decisions…, monetary orthodoxy preserved
Bank Al-Maghrib has just announced a 50 BPS key rate cut from 2.0% to 1.5%. The institution also decided to reduce the required reserve ratio to 0%, thus releasing considerable liquidity of nearly MAD 12.9 Bn* in favour of banks.
Morning Brief 1st of July 2020
Find the main news from the financial and economic markets for the day of the 1st of July , 2020.
Widening of MAD fluctuation bands : trust accumulation
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.
Cameroon, 2020 Finance Act Draft : Confirmed status of a model student in the CEMAC class
Overall assessment of the 2019 Cameroonian economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Morocco, 2020 Finance Act Draft : A text full of realism
Overall assessment of the 2019 Moroccan economy and analysis of the main elements that characterize the 2020 Financial Act Draft.
Morning Brief July 2, 2020
Find the main news from the financial and economic markets for the day of the July 2, 2020.
Casablanca Closing July 02, 2020
Find the evolutions of activity index in casablanca MASI, MADEX, CAPI as well as the main daily performances of the day of July 02, 2020.
Morning Brief June 30, 2020
Find the main news from the financial and economic markets for the day of June 30, 2020.