Bank Al-Maghrib

Bank Al-Maghrib is Morocco's central bank. It sets monetary policy, issues the MAD, and supports financial system stability.

It oversees payment systems, manages foreign reserves, and acts as lender of last resort to the banking system.

Related Terms

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

Moroccan Dirham

MAD is the official currency of Morocco. It is issued by Bank Al-Maghrib and is subdivided into 100 ...

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