Moroccan Central Bank Approves Saham’s Acquisition of Société Générale Subsidiary
23 November 2024
Bank Al-Maghrib has just granted the Saham group the last authorization required for the acquisition of Société Générale Maroc.
Bank Al-Maghrib
Moroccan Dirham Gains Against Euro, Slips Versus Dollar
18 November 2024
The Moroccan dirham appreciated by 1.47% against the euro and depreciated by 1.06% against the US dollar during the period from November 7 to 13, according to Bank Al-Maghrib (…)
The Moroccan dirham falls against the euro
11 November 2024
The Moroccan dirham depreciated by 0.12% against the euro and appreciated by 0.34% against the US dollar during the period from October 31 to November 5, according to Bank (…)
The dirham falls against the euro
3 November 2024
The Moroccan dirham depreciated by 0.13% against the euro and appreciated by 0.47% against the US dollar during the period from October 24 to 30, 2024, according to Bank (…)
Moroccan Expatriates Send Record $9.1 Billion Home in First Nine Months of 2024
2 November 2024
Moroccans residing abroad (MREs) sent 91.52 billion dirhams (MMDH) to Morocco between January and September 2024.
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in Mid-October
20 October 2024
The Moroccan dirham appreciated by 0.3% against the euro and depreciated by 0.34% against the US dollar during the period from October 10 to 16, 2024, according to Bank (…)
Moroccan Dirham Gains Against Dollar, Slips Versus Euro in August-September
13 October 2024
The Moroccan dirham appreciated by 0.45% against the dollar and depreciated by 0.45% against the euro between August and September, according to Bank Al-Maghrib (BAM).
Morocco Slashes Card Payment Fees for Merchants, Boosting Digital Economy
13 October 2024
Following the directive issued by Bank Al-Maghrib (BAM) on September 25, 2024, which now caps the domestic interchange rate at 0.65%, the Interbank Monetary Center (CMI) has (…)
Moroccan Bank Cybercrime: $4.2 Million Stolen from Crédit du Maroc Accounts
10 October 2024
Elements of the National Office for the Fight against Financial and Economic Crime, attached to the National Brigade of the Judicial Police, are investigating the hacking of (…)
Morocco’s Central Bank Caps Card Payment Fees at 0.65% to Curb Excessive Charges
30 September 2024
Bank Al-Maghrib has just put the brakes on the fees generated by card payments. The Moroccan central bank has decided to cap at 0.65% the commission charged on each transaction (…)