Bank Al-Maghrib

Moroccan Dirham Weakens Against Euro, Gains on Dollar in Latest Bank Al-Maghrib Report

31 July 2021

The dirham appreciated by 0.20% against the US dollar and depreciated by 0.13% against the euro during the period from July 23 to 28, 2021. This is specified in the indicators (…)

Morocco’s Bank Credit Growth Accelerates to 4.1% in June, Boosting Private Sector Lending

31 July 2021

Bank credit in Morocco showed growth of 4.1% during the month of June. A pace accelerating compared to the trend observed a month earlier (+2.9%).

Moroccan Dirham Holds Steady Against Euro and Dollar, Reserves at 301.1 Billion

26 July 2021

The Moroccan currency is almost stable against the euro and the US dollar. This is what the indicators published by Bank Al-Maghrib (BAM) during the period from July 15 to 20, (…)

Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in June

18 July 2021

The dirham appreciated by 0.68% against the euro and depreciated by 0.19% against the US dollar between May and June 2021. This is what the indicators published by Bank (…)

Moroccan Dirham Gains Against Euro, Official Reserves Hold Steady

12 July 2021

The dirham appreciated by 0.20% against the euro and depreciated by 0.34% against the US dollar during the period from July 1 to 07, 2021. This is what the indicators published (…)

Moroccan Dirham Gains Against Euro, Slips Versus Dollar in Late June

4 July 2021

The dirham appreciated by 0.24% against the euro and depreciated by 0.25% against the US dollar, during the period from June 24 to 30, 2021. This is specified in the indicators (…)

Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in June

27 June 2021

The Moroccan currency appreciated by 0.65% against the euro and depreciated by 0.79% against the US dollar during the period from June 17 to 23, 2021. This is indicated by the (…)

Morocco Expects 7.6% Surge in Overseas Remittances, Reaching 73 Billion Dirhams in 2021

24 June 2021

In line with the expected rebound in economic growth in 2021 and 2022, remittances from Moroccans living abroad (MRE) to Morocco are expected to increase by 7.6%, reaching 73 (…)

Morocco’s Economy Poised for 5.3% Growth in 2021, Central Bank Forecasts

24 June 2021

Bank Al Maghrib (BAM) is forecasting economic growth of 5.3%. However, this forecast is surrounded by a high level of uncertainty due to the new variant of the virus and (…)

Moroccan Dirham Holds Steady Against Euro, Gains on US Dollar

13 June 2021

The dirham remained almost stable against the euro and appreciated by 0.27% against the US dollar during the period from June 3 to June 9, 2021. This is revealed by the (…)