Morocco Interest Rate  1995-2016 | Data | Chart | Calendar | Forecast

Morocco’s central bank reduced its benchmark interest rate by 25 bps to 2.25 percent on March 22nd, 2016, aiming to support growth. Policymakers said the decision was made considering low inflation in recent months and weak growth outlook due to bad weather that hit agricultural output. It is the first rate cut since a 25 bps reduction in December of 2014. Interest Rate in Morocco averaged 4.03 percent from 1995 until 2015, reaching an all time high of 7 percent in August of 1995 and a record low of 2.50 percent in December of 2014. Interest Rate in Morocco is reported by the Bank al- Maghrib.

Morocco Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.25 2.50 7.00 2.25 1995 - 2016 percent Daily
In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al- Maghrib. The official interest rate is the key rate. This page provides the latest reported value for - Morocco Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Morocco Interest Rate - actual data, historical chart and calendar of releases - was last updated on April of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-23 12:45 PM Interest Rate Decision 2.5% 2.5% 2.5000%
2015-12-22 01:25 PM Interest Rate Decision 2.5% 2.5% 2.5%
2016-03-22 02:15 PM Interest Rate Decision 2.25% 2.5% 2.5%
2016-06-21 01:15 PM Interest Rate Decision 2.25%
2016-09-27 11:45 AM Interest Rate Decision 2.25%
2016-12-20 01:45 PM Interest Rate Decision 2.25%

Morocco Money Last Previous Highest Lowest Unit
Interest Rate 2.25 2.50 7.00 2.25 percent [+]
Money Supply M1 698001.00 687223.00 705932.00 35506.00 MAD Million [+]
Money Supply M2 838205.00 826834.00 844327.00 38311.00 MAD Million [+]
Money Supply M3 1129976.00 1116409.00 1148532.00 51850.00 MAD Million [+]
Foreign Exchange Reserves 237003.00 233206.00 237003.00 52221.00 MAD Million [+]
Banks Balance Sheet 1160590.00 1178801.00 1183195.00 360422.93 MAD Million [+]
Deposit Interest Rate 3.89 3.91 8.50 3.52 percent [+]
Central Bank Balance Sheet 262356.00 261030.00 264999.00 118725.88 MAD Million [+]




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