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Morocco cbank cuts reserve requirements amid liquidity squeeze

September 25, 2012 Comments Off on Morocco cbank cuts reserve requirements amid liquidity squeeze

September 25, 2012, 4:50 pm

RABAT (Reuters) – Morocco’s central bank kept its main interest rates unchanged at 3 percent but cut by a third reserve requirements as of Wednesday to ease a chronic domestic liquidity squeeze amid slackening economic growth.
“Noting the scope and sustained natur…

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