AGR survey: Financial investors expect the key rate to remain stable

An Attijari Global Research (AGR) survey shows that financial investors expect the key rate to remain stable at the next Bank Al Maghrib (BAM) meeting scheduled for December 15.

According to the results of this same survey, carried out among a sample of 35 investors “considered among the most influential of the Moroccan stock market”, some 63% of the investors surveyed expect the status quo of the key rate of BAM, against 66 % previously.

The Attijariwafa Bank subsidiary, dedicated to research, further notes in its survey that the share of institutional investors anticipating a decline in the key rate is still showing a clear increase, going from 25% initially to 43% currently.

The share of Reference Actors (people with sufficient perspective on the Moroccan financial market allowing them to transcribe in a relatively faithful way the state of mind of investors without intervening directly in the market) anticipating a stability of the key rate remains , meanwhile, almost stable compared to the previous edition of the survey, or 56%.

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