Morocco
IMF and World Bank to go ahead with Marrakech meetings
Leaders say they wish to stand by Morocco after earthquake killed nearly 3,000
People: July to September 2023
A round-up of central bankers in the news and on the move during the past three months
People round-up: Breeden promoted to BoE deputy governor
Former Moroccan governor dies; Tonga appoints deputies; and more
Nigeria and Morocco raise rates
Inflation hits record level in Morocco and remains high in Nigeria
Georgieva backs flexible credit line for Morocco
IMF executive board to consider request for $5 billion facility
Rates round-up: Turkey pauses rate cuts
Egypt hikes main rate 300bp after IMF deal; Indonesia decelerates tightening; and more
Four African central banks take policy decisions
Morocco and BEAC increase rates and Tanzania reduces liquidity while Angola cuts policy rate
Morocco’s Jouahri on inflation, forex reform, digitalisation and sustainability
BAM governor speaks about Covid-19, Fed tightening, BIS membership, regional co-operation and inclusion
Agustín Carstens on BIS strategic priorities, innovation and central bank policy
BIS chief speaks about policy trade-offs at a critical time, tech collaboration, tackling NBFIs and the dearth of ‘green’ assets
Greening the central banks
What are members of the NGFS doing to ‘green’ their own operations? Officials from the central banks of Belgium, Canada and Morocco highlight some of their initiatives
Fears rise over breakdown in Basel and IFRS standards
Bretton Woods institutions worried about growing divergence in capital and accounting rules
Morocco’s central bank prohibits bank dividend payments
Central bank tells financial institutions to ensure they are able to keep funding businesses in need
IMF paper looks at Moroccan monetary policy
Findings show balance sheet has significant impact, especially via smaller firms – researchers
Moroccan central bank opens investigation into stolen cash
Bank Al-Maghrib says 1.2 million dirhams disappeared in suspicious circumstances
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
Norges Bank ends ban on SWF investing in two oil companies
Move comes after energy firms end involvement in conflict-torn region
Can central bank revamp help Tunisia remain a ‘public good’?
Central Bank of Tunisia moves to modernise, but faces tough times ahead
Price pressures subside as Morocco holds interest rates
Headline inflation expected to average 2.1% by year end, central banks says
Morocco introduces a more flexible exchange rate
The central bank introduces a daily band of 5% for the dirham to trade against major currencies
IMF staff call for clarity on Morocco macro-prudential body
Inter-agency committee chaired by central bank governor
Moroccan governor calls for ‘shock therapy’ in education
Abdellatif Jouahri warns there is a ‘worrisome’ gap between ambitions and tangible achievements
Morocco takes ‘first step’ to flexible exchange rate
Central bank doubles dollar weighting in currency basket
Central Bank of Morocco cuts rates for first time since March 2012
North African economy has seen growth slow and unemployment rise in 2014