Moroccan Dirham Holds Steady Against Euro and Dollar, Central Bank Reports
3 February 2025
The dirham remained almost stable against both the euro and the US dollar during the period of January 23 to 29, according to Bank Al-Maghrib (BAM).
Bank Al-Maghrib
Remittances to Morocco Hit Record High of 117.7 Billion Dirhams in 2024
3 February 2025
The year 2024 was prosperous for money transfers from Moroccans residing abroad (MRE), according to the latest figures published by the Office des Changes.
EU Plans Crackdown on Moroccan Expat Money Transfers
30 January 2025
Faced with the continuous increase in fund transfers from Moroccans residing abroad (MREs) to Morocco, the European Union is preparing to issue a directive to reduce these (…)
Moroccan Dirham Gains Strength Against Euro and Dollar
13 January 2025
The Moroccan dirham appreciated by 1.4% against the euro and 0.6% against the US dollar, during the period from January 2 to 8, 2025, according to Bank Al-Maghrib (BAM).
Moroccan Expatriate Remittances Surge to 108.67 Billion Dirhams, Boosting Economy
1 January 2025
Remittances from Moroccans residing abroad (MRE) reached 108.67 billion dirhams (MMDH) at the end of November 2024, marking an increase of 2.8% compared to the same period in (…)
Tangier Real Estate: Housing Prices Rise Slightly as Sales Slump
31 December 2024
The real estate market in Tangier is showing contrasting trends. While the overall price index has increased by 0.1%, this apparent stability masks divergent realities (…)
Rabat Real Estate Market Sees Price Dips and Sharp Drop in Sales
30 December 2024
The city of Rabat is going through a period of decline in the real estate sector. A slight drop in prices, estimated at -0.6%, hides disparities depending on the types of (…)
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar
29 December 2024
The dirham depreciated by 0.7% against the US dollar and appreciated by 0.29% against the euro during the period of December 19 to 24, 2024, according to Bank Al-Maghrib (BAM).
Casablanca Real Estate Market Slumps as Prices and Transactions Fall
29 December 2024
The real estate market in Casablanca is showing signs of weakness. A general drop in prices, accompanied by a significant drop in transactions, has been observed in recent months.
Marrakech Real Estate Market Cools: Prices Drop, Transactions Plummet 53%
28 December 2024
The real estate market in the city of Marrakech is showing signs of slowdown. In the third quarter of 2024, prices generally fell by 0.5%, a decline that hides disparities (…)