Bank Al-Maghrib

Moroccan Dirham Holds Steady Against Euro, Gains on US Dollar

30 April 2023

The Moroccan currency remained almost stable against the euro and appreciated by 0.84% against the US dollar, during the period from April 20 to 26. This is what the indicators (…)

Morocco Maintains Current Dirham Exchange Rate Policy Amid Regional Currency Pressures

26 April 2023

Morocco does not intend to modify its currency exchange band for the time being, said Finance Minister Nadia Fettah Alaoui on Monday. Since 2018, the Kingdom has undertaken (…)

Morocco to Launch Instant Bank Transfer System in May, Revolutionizing Digital Payments

24 April 2023

Announced at the beginning of the year to be effective in the first quarter, Bank Al-Maghrib’s decision to implement an instant bank transfer system will be operational in May. (…)

Moroccan Dirham Holds Steady Against Euro, Gains on US Dollar: Bank Al-Maghrib Report

23 April 2023

The Moroccan currency remained almost stable against the euro and appreciated by 0.14% against the US dollar, during the period from April 13 to 19. This is specified by the (…)

Moroccan Dirham Strengthens Against Euro and Dollar, Official Reserves Rise

16 April 2023

The Moroccan currency has appreciated by 0.36% against the euro and 0.18% against the US dollar, during the period from April 6 to 12. This is what the indicators published by (…)

Morocco’s Real Estate Slump Deepens as Buyers Await Government Housing Program

13 April 2023

The real estate market in Morocco has seen a downward trend in recent months, due to the severity of credit conditions. According to the latest dashboard of credits and bank (…)

Morocco’s Central Bank Authorized to Provide Emergency Liquidity to Struggling Banks

12 April 2023

Following the adoption by the government council of a decree, Bank Al-Maghrib (BAM) is authorized to grant emergency liquidity to banks with liquidity and solvency problems. A (…)

Moroccan Dirham Slips Against Euro, Gains on Dollar as Reserves Dip

9 April 2023

The Moroccan currency depreciated by 0.57% against the euro and appreciated by 0.32% against the US dollar, during the period from March 30 to April 5. This is what the (…)

Moroccan Dirham Strengthens Against Euro and Dollar, Official Reserves Stable

3 April 2023

The Moroccan currency has appreciated by 0.11% against the euro and 0.55% against the US dollar, during the period from March 23 to 29, 2023. This is according to the (…)

Moroccan Dirham Weakens Against Euro, Gains on Dollar as Reserves Rise

27 March 2023

The Moroccan currency depreciated by 0.54% against the euro and appreciated by 1.18% against the US dollar, during the period from March 16 to 22, 2023. This is what the (…)