Morocco Interest Rate  1995-2018 | Data | Chart | Calendar | Forecast

The National Bank of Morocco kept its monetary policy rate on hold at 2.25 percent at its June 19th 2018 meeting. The Committee noted an increase in the inflation rate, mostly due to the impact of the HCP revision to the consumer price index baseline structure last March, volatile food and regulated product prices. The annual inflation rose to 2.7 percent in April from 2.5 percent in March and is projected to reach 2.4 percent in 2018 and 1.4 percent in 2019. Policymakers added that the economy grew 4.1 percent in 2017 from 1.1 percent in 2016 and it is expected to advance 3.6 percent this year and 3.1 percent in 2019. Interest Rate in Morocco averaged 3.84 percent from 1995 until 2018, reaching an all time high of 7 percent in August of 1995 and a record low of 2.25 percent in March of 2016.

Morocco Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-19 01:15 PM Interest Rate Decision 2.25% 2.25% 2.25%
2018-03-20 01:30 PM Interest Rate Decision 2.25% 2.25% 2.25%
2018-06-19 12:50 PM Interest Rate Decision 2.25% 2.25% 2.25%
2018-09-25 01:30 PM Interest Rate Decision 2.25% 2.25%
2018-12-18 01:30 PM Interest Rate Decision 2.25%


Morocco Money Last Previous Highest Lowest Unit
Interest Rate 2.25 2.25 7.00 2.25 percent [+]
Money Supply M1 809429.00 806833.00 810515.00 35506.00 MAD Million [+]
Money Supply M2 965463.00 962469.00 966145.00 38311.00 MAD Million [+]
Money Supply M3 1266699.00 1255620.00 1272096.00 51850.00 MAD Million [+]
Foreign Exchange Reserves 232043.00 232598.00 257387.00 52221.00 MAD Million [+]
Banks Balance Sheet 1306624.00 1313970.00 1313970.00 360422.93 MAD Million [+]
Deposit Interest Rate 3.10 3.50 8.50 3.10 percent [+]
Central Bank Balance Sheet 300441.00 302264.00 309611.60 118725.88 MAD Million [+]


Morocco Interest Rate

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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.25 2.25 7.00 2.25 1995 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jun/18
Mexico 7.75 Jun/18
Russia 7.25 Jun/18
Brazil 6.50 Jun/18
India 6.25 Jun/18
Indonesia 5.25 Jul/18
China 4.35 Jun/18
United States 2.00 Jun/18
Australia 1.50 Jul/18
Canada 1.50 Jul/18
South Korea 1.50 Jul/18
United Kingdom 0.50 Jul/18
Euro Area 0.00 Jun/18
France 0.00 Jun/18
Germany 0.00 Jun/18
Italy 0.00 Jun/18
Netherlands 0.00 Jun/18
Spain 0.00 Jun/18
Japan -0.10 Jun/18
Switzerland -0.75 Jun/18


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