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Morocco Takes Rate Pause Into Second Year With Eye on Iran Talks

Morocco Takes Rate Pause Into Second Year With Eye on Iran Talks
Bloomberg Markets Tuesday 23 June 2026, 13:21 UTC By Souhail Karam 1 min read
Key Points

Morocco Takes Rate Pause Into Second Year With Eye on Iran Talks Morocco kept interest rates on hold, seeking to keep borrowing flowing for a football World Cup-linked building boom while guarding against inflationary risks as the US and Iran try and reach a lasting peace deal. Bank al-Maghrib left the benchmark rate at 2.25% at its latest quarterly policy meeting on Tuesday. The decision, which maintains the level first set in March 2025, was predicted by analysts at two of the North...

Morocco Takes Rate Pause Into Second Year With Eye on Iran Talks Morocco kept interest rates on hold, seeking to keep borrowing flowing for a football World Cup-linked building boom while guarding against inflationary risks as the US and Iran try and reach a lasting peace deal. Bank al-Maghrib left the benchmark rate at 2.25% at its latest quarterly policy meeting on Tuesday. The decision, which maintains the level first set in March 2025, was predicted by analysts at two of the North African nation’s largest lenders.
Morocco (LOCATION) Iran (LOCATION) Iran Talks (EVENT) World Cup (EVENT) US (LOCATION) al-Maghrib (PERSON) North African (ORG)
Originally published by Bloomberg Markets Read original →

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