18 May 2020
The dirham has recently appreciated against the euro during the period from mid-April to mid-May. Economist and exchange rate policy specialist Omar Bakkou explains the main (…)
14 May 2020
The dirham lost value during the month of April 2020, according to Bank Al-Maghrib (BAM). It depreciated by 4% against the Euro and 5.47% against the US Dollar.
11 May 2020
The Moroccan dirham appreciated by 0.54% against the euro and 0.19% against the dollar during the period from April 30 to May 6, 2020.
11 May 2020
A few months after Fitch and Moody’s, the rating agency S&P Global Ratings has also confirmed at the "Investment grade" level, the "BBB-" rating of Morocco’s long-term (…)
5 May 2020
Bank loans recorded a 5.3% increase at the end of March, compared to a 4.2% increase the previous month, for a total amount of 918.48 billion dirhams.
3 May 2020
In a note on the monetary statistics for March 2020, Bank Al-Maghrib (BAM) indicates that bank credit increased, year-on-year, by 5.3%, after 4.2% in February. This development (…)
29 April 2020
Financing companies are currently in full promotion mode. The Ramadan period is particularly suitable for this. But what is presented as an opportunity can turn out to be a (…)
29 April 2020
During the period of April 16 to 22, the dirham appreciated by 2.61% against the euro and 2.17% against the dollar. This is according to an announcement made by Bank Al-Maghrib (…)
28 April 2020
In a letter addressed to the Head of Government, the Minister of Economy and Finance, the President of the Professional Grouping of Banks of Morocco (GPBM), and the Wali of (…)
21 April 2020
In two weeks, Moroccan banks have received and processed nearly 400,000 requests for the deferral of loan installments, with a rejection rate not exceeding 4%, according to the (…)