Central Bank RatesMorocco: central bank policy rate
Last updated:
Policy rate2.25%Aug 31, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceMar 20, 2025cut -25 bp
1 year ago2.25%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Mar 20, 2025 | 2.50% | 2.25% | cut -25 bp |
| Dec 19, 2024 | 2.75% | 2.50% | cut -25 bp |
| Jun 27, 2024 | 3.00% | 2.75% | cut -25 bp |
| Mar 23, 2023 | 2.50% | 3.00% | hike +50 bp |
| Dec 22, 2022 | 2.00% | 2.50% | hike +50 bp |
| Sep 29, 2022 | 1.50% | 2.00% | hike +50 bp |
| Jun 18, 2020 | 2.00% | 1.50% | cut -50 bp |
| Mar 17, 2020 | 2.25% | 2.00% | cut -25 bp |
| Mar 22, 2016 | 2.50% | 2.25% | cut -25 bp |
| Dec 16, 2014 | 2.75% | 2.50% | cut -25 bp |
| Sep 23, 2014 | 3.00% | 2.75% | cut -25 bp |
| Mar 27, 2012 | 3.25% | 3.00% | cut -25 bp |
| Mar 24, 2009 | 3.50% | 3.25% | cut -25 bp |
| Jun 17, 2008 | 3.25% | 3.50% | hike +25 bp |
| Dec 26, 2002 | 3.75% | 3.25% | cut -50 bp |
| Mar 19, 2002 | 4.25% | 3.75% | cut -50 bp |
| Nov 8, 2001 | 4.75% | 4.25% | cut -50 bp |
| Mar 21, 2001 | 5.00% | 4.75% | cut -25 bp |
Which rate is shown (BIS notes, in English)
From 01 Jan 2001: interest rate, 7-day advances (Taux directeur)
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Morocco is 2.25% (BIS data as of Aug 31, 2026).