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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Morocco cut interest rates for the second time this year, easing borrowing costs to encourage a massive investment drive that includes preparations to co-host the 2030 FIFA World Cup.
Bank al-Maghrib lowered the benchmark interest rate by 25 basis points to 2.5% at its latest quarterly policy meeting on Tuesday. The central bank made its first cut in four years in June, before holding in September.
