Fitch Warns of Rising Non-Performing Loans in Moroccan Banking Sector
29 July 2023
Moroccan banks are facing a deterioration in the quality of their loans, despite greater selectivity in their lending, warns the American rating agency Fitch Ratings.
Bank Al-Maghrib
Moroccan Dirham Strengthens Against Dollar, Weakens vs Euro in Mid-July
23 July 2023
The Moroccan dirham appreciated by 0.48% against the US dollar and depreciated by 1.56% against the euro, during the week from July 13 to 18 current, according to data (…)
Moroccan Dirham Gains Ground Against Dollar and Euro in June
18 July 2023
The Moroccan dirham strengthened in June, posting a 0.54% increase against the dollar and a 0.84% increase against the euro, according to data published by Bank Al-Maghrib (BAM).
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).
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).