Morocco to Launch Instant Bank Transfers by End of 2022, Central Bank Says
23 July 2022
Bank Al-Maghrib has announced the launch of instant bank transfer in Morocco by the end of the year.
Bank Al-Maghrib
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar as Reserves Dip
18 July 2022
The Moroccan currency appreciated by 0.30% against the euro and depreciated by 0.98% against the US dollar, during the period from June 30 to July 06. This is what the (…)
Moroccan Dirham Strengthens Against Euro and Dollar, Official Reserves Rise
10 July 2022
The Moroccan currency appreciated by 2.66% against the euro and 0.65% against the US dollar, during the period from June 30 to July 06. This is what the indicators published by (…)
Moroccan Dirham Weakens Against Euro and Dollar, Central Bank Reports
4 July 2022
The Moroccan currency depreciated by 0.61% against the euro and 0.52% against the US dollar, during the period from June 23 to 29. This is what the indicators published by Bank (…)
Morocco’s Banking Sector Grows: 17.5 Million Residents Hold Bank Accounts
1 July 2022
At the end of 2021, 17.5 million people had at least one bank account in Morocco, according to the banking account statistics published by Bank Al-Maghrib (BAM).
Moroccan Dirham Strengthens Against Euro and Dollar, Official Reserves Rise
27 June 2022
The Moroccan currency appreciated by 0.20% against the euro and 0.56% against the US dollar, during the period from June 16 to 22. This is what the indicators published by Bank (…)
Moroccan Real Estate Market Slumps 9.3% Amid Global Uncertainty
26 June 2022
In an uncertain international context, the Moroccan real estate market seems to be strongly disrupted. In the first quarter of the year, transactions contracted, resulting in a (…)
EU Considers Stricter Rules on Money Transfers from Moroccan Expats
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 (…)
Morocco to Introduce Cryptocurrency Regulation Bill to Combat Illegal Activities
23 June 2022
In order to fight against money laundering and illegal activities, Morocco plans to regulate the use of cryptocurrencies. A bill will be initiated for this purpose in the very (…)
Moroccan Remittances Expected to Dip to 87.3 Billion Dirhams in 2022, Central Bank Reports
22 June 2022
After a very strong increase recorded during the pandemic period, remittances from Moroccans living abroad should decline slightly, gradually returning to their pre-crisis (…)