Moroccan Dirham Drops 1% Against Euro, Reserves Remain Stable
20 September 2020
The Moroccan currency depreciated by 1.02% against the Euro and remained almost stable against the dollar, during the period from September 10 to 16, 2020.
Bank Al-Maghrib
Rabat Real Estate Shows Resilience Amid COVID-19, Despite Transaction Slump
10 September 2020
Real estate is among the sectors that have suffered the most from the state of health emergency imposed by the Moroccan authorities. In Rabat, unlike other cities, real estate (…)
Moroccan Banks Face Growing Liquidity Crisis Amid Pandemic
10 September 2020
The health crisis related to the coronavirus is having a negative impact on Moroccan banks. They are now facing a serious liquidity risk.
Tangier Real Estate Prices Plummet Amid COVID-19 Lockdown
9 September 2020
Confined and locked down, Tangier is no better off than several other Moroccan cities that are going through difficult times in this health crisis due to Covid-19. For the (…)
Moroccan Industry Shows Resilience as Production Rises Amid Pandemic
8 September 2020
Despite the economic crisis situation due to the consequences resulting from the Covid-19 pandemic, industrial activity in Morocco is not shaken. On the contrary, it is (…)
Moroccan Dirham Gains Against Euro, Slips Versus Dollar in Latest Week
31 August 2020
Contrary to the period of August 13-19, 2020, the dirham appreciated by 0.58% against the Euro during the week of August 20-26 and depreciated by 0.44% against the dollar.
Bank Loans in Morocco Accelerate to 5.8% Growth, Reaching 946 Billion Dirhams
31 August 2020
The latest statistics from Bank Al Maghrib (BAM) indicate that the pace of growth in bank loans accelerated in the seventh month of the year, rising from 5.6% to 5.8% at the (…)
Moroccan Central Bank Urges Banks to Reduce Real Estate Holdings Amid Market Concerns
28 August 2020
The real estate assets held by Moroccan banks are a concern for the central bank. In this regard, Bank Al-Maghrib has invited banks to reduce their balance sheet.
Moroccan Banks Accept Real Estate as Loan Repayment Amid Sector Challenges
28 August 2020
Faced with the increase in debt payments, Moroccan banks have reduced their exposure to real estate development in recent years, especially with regard to individual (…)
Moroccan Dirham Strengthens Against Dollar, Weakens Versus Euro in Mid-August
24 August 2020
The dirham appreciated by 0.87% against the dollar and depreciated by 0.51% against the euro, during the period from August 13 to 19, 2020, according to Bank Al-Maghrib (BAM).