Morocco Interest Rate

The benchmark interest rate in Morocco was last recorded at 3 percent. Interest Rate in Morocco is reported by the Bank al- Maghrib. Interest Rate in Morocco averaged 4.16 Percent from 1995 until 2014, reaching an all time high of 7 Percent in August of 1995 and a record low of 3 Percent in January of 2012. 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 - Morocco Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.00 3.00 7.00 3.00 3.00 | 2014/04 1995 - 2014 Percent Monthly

TO

Morocco Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-18 04:30 PM Morocco
Interest Rate Decision
3% 3% 3%
2013-09-24 04:30 PM Morocco
Interest Rate Decision
3% 3% 3%
2013-12-17 01:45 PM Morocco
Interest Rate Decision
3% 3% 3%
2014-03-25 02:00 PM Morocco
Interest Rate Decision
3% 3% 3%
2014-06-17 01:45 PM Morocco
Interest Rate Decision
3% 3%
2014-09-23 01:45 PM Morocco
Interest Rate Decision
3%
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Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 160215.00 2014-03-31 161167.00 201848.00 52221.00 159583.51 2014-04-30 MAD Million [+]
Interest Rate 3.00 2014-03-25 3.00 7.00 3.00 3.00 2014-04-30 Percent [+]
Money Supply M1 619193.00 2014-02-28 620648.00 625658.00 35506.00 618402.49 2014-03-31 MAD Million [+]
Money Supply M2 741809.00 2014-02-28 742349.00 746320.00 38311.00 741779.38 2014-03-31 MAD Million [+]
Money Supply M3 998236.00 2014-02-28 998790.00 1020401.00 51850.00 998620.77 2014-03-31 MAD Million [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Morocco Imports at 29948.00 MAD Million  
Imports in Morocco decreased to 29948 MAD Million in February of 2014 from 30410 MAD Million in January of 2014. Imports in Morocco is reported by the Office des Changes.
Morocco Current Account at -10082.40 MAD Million  
Morocco recorded a Current Account deficit of 10082.40 MAD Million in the fourth quarter of 2013. Current Account in Morocco is reported by the Bank al- Maghrib.
Morocco GDP Growth Rate at 2.50 Percent  
The Gross Domestic Product (GDP) in Morocco expanded 2.5 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Growth Rate in Morocco is reported by the Haut Commissariat au Plan.
Morocco GDP Annual Growth Rate at 2.50 Percent  
The Gross Domestic Product (GDP) in Morocco expanded 2.50 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Morocco is reported by the Haut Commissariat au Plan.
Morocco Government Spending at 159118.00 MAD Million  
Government Spending in Morocco increased to 159118 MAD Million in 2012 from 146332 MAD Million in 2011. Government Spending in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Gross Fixed Capital Formation at 259680.00 MAD Million  
Gross Fixed Capital Formation in Morocco increased to 259680 MAD Million in 2012 from 246394 MAD Million in 2011. Gross Fixed Capital Formation in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Producer Prices at 110.00 Index Points  
Producer Prices in Morocco decreased to 110 Index Points in February of 2014 from 110.40 Index Points in January of 2014. Producer Prices in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Tourist Arrivals at 9375156.00  
Tourist Arrivals in Morocco increased to 9375156 in 2012 from 9342133 in 2011. Tourist Arrivals in Morocco is reported by the Ministry of Tourism, Morocco.
Morocco Unemployed Persons at 1116.00 Thousand  
The number of unemployed persons in Morocco increased to 1116 Thousand in the fourth quarter of 2013 from 1009 Thousand in the third quarter of 2013. Unemployed Persons in Morocco is reported by the Haut-commissariat Au Plan.
Morocco Balance of Trade at -15258.00 MAD Million  
Morocco recorded a trade deficit of 15258 MAD Million in February of 2014. Balance of Trade in Morocco is reported by the Office des Changes.
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