Morocco, Brazil bolster economic ties
The LIDE Brazil-Morocco Forum in Marrakech, held on Wednesday, brought together more than 100 business leaders, policymakers, and institutional representatives
Morocco’s central bank has kept its benchmark interest rate at 2.25%, following its quarterly board meeting on Tuesday, saying current borrowing costs were consistent with the inflation outlook. Inflation looks set to average 1% in 2025, following a drop in food prices. Policy makers, however, noted “strong uncertainties” around global trade policy and geopolitical tensions.
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