Moroccan Dirham Weakens Against Euro and Dollar, Reserves Dip
16 July 2023
The Moroccan currency depreciated by 1.54% against the euro and 0.27% against the US dollar, during the week from July 6 to 12, according to Bank Al-Maghrib (BAM).
Bank Al-Maghrib
Morocco Negotiates with EU to Safeguard Vital Remittances from Expatriates
2 July 2023
The Moroccan authorities will engage in negotiations with the European Commission regarding a European directive aimed at restricting the transfer of funds by Moroccans (…)
Moroccan Dirham Gains Against Dollar and Euro, Official Reserves at 348.3 Billion
2 July 2023
The Moroccan currency appreciated by 0.7% against the US dollar and 1.21% against the euro during the week of June 22 to 28, according to data provided by Bank Al-Maghrib (BAM).
Morocco’s Real Estate Market Sees Slow Growth, Islamic Financing Surges
30 June 2023
The volume of real estate loans reached 300.8 billion DH, an increase of 1.8% or 5.2 billion compared to the same period last year.
Moroccan Dirham Strengthens Against Dollar, Holds Steady vs Euro
26 June 2023
The dirham appreciated by 0.98% against the US dollar and remained almost stable against the euro during the week of June 15 to 21, according to Bank Al-Maghrib (BAM).
Moroccan Dirham Strengthens Against Dollar, Slips Versus Euro in Weekly Trading
17 June 2023
The Moroccan currency appreciated by 0.69% against the US dollar and depreciated by 0.14% against the euro, during the week from June 8 to 14, according to data published by (…)
Moroccan Dirham Gains Against Euro and Dollar as Foreign Reserves Rise
4 June 2023
The Moroccan currency appreciated by 1.25% against the euro and 0.44% against the US dollar during the week of May 25 to 31, according to Bank Al-Maghrib (BAM).
Morocco Launches Instant Interbank Transfers, Free for 3 Months
1 June 2023
Bank Al-Maghrib, in collaboration with the Groupement pour un Système Interbancaire Marocain de Télécompensation (GSIMT), announced the implementation of instant interbank (…)
Casablanca Real Estate Prices Dip 0.1% as Land Values Fall, Sales Plummet
29 May 2023
Variations have marked the real estate market in Casablanca during the first quarter of 2023. A 0.1% decrease was recorded compared to the previous quarter. Here are the details.
Moroccan Dirham Holds Steady Against Euro, Slips 0.68% vs Dollar in Latest Week
28 May 2023
During the week of May 18-24, the Moroccan currency remained almost stable against the euro and depreciated by 0.68% against the US dollar, according to data provided by Bank (…)