26 November 2024
After seven years of total ban, Morocco is about to make a U-turn and legalize the use of cryptocurrencies. This change of course is being driven by Bank Al Maghrib (BAM). A (…)
28 October 2024
Morocco is seeking to reduce the dirham’s dependence on fluctuations in the euro and the dollar. In this sense, Bank Al-Maghrib (BAM) is preparing to implement an ambitious (…)
28 September 2024
The European directive on foreign banks operating in the European Union (EU) is worrying Moroccan authorities and banks, who fear a drastic drop in transfers of Moroccans (…)
27 June 2024
The government’s decision to remove the butane gas subsidy is timely and salutary in the sense that these financial resources will be used to strengthen direct aid to (…)
1 August 2023
Abdellatif Jouahri, Governor of Bank Al-Maghrib, conditions a new widening of the dirham’s fluctuation bands on the lifting of uncertainties concerning global and national (…)
14 January 2023
Faced with the tightening of European authorities on transfers by Moroccans residing abroad (MREs), the wali of Bank Al-Maghrib (BAM), Abdellatif Jouahri, calls for a major (…)
28 September 2022
The Governor of Bank Al Maghrib (BAM), Abdellatif Jouahri, provided clarification on the depreciation of the dirham in recent months.
2 August 2022
Just over 7,300 counterfeit bills were detected in Morocco in 2021, according to a report presented to King Mohammed VI by the Wali of Bank Al-Maghrib (BAM), Abdellatif Jouahri.
24 June 2022
Morocco is gradually preparing to face any eventuality related to the threat of tightening the rules of transfers of Moroccans living abroad, brandished by certain European (…)
23 June 2022
Morocco is accelerating the process of correcting its national system to combat money laundering, in order to get out of the gray list of the Financial Action Task Force (FATF) (…)