Morocco’s Real Estate Market Slumps Despite Price Drops
5 November 2019
The decrease in real estate prices, during the first quarter (0.6%) and the first half (0.9%) of this year, compared to the same periods in 2018, has not boosted real estate (…)
Bank Al-Maghrib
Moroccan Banks Face Privacy Concerns Over Real Estate Disclosure Requirements
26 October 2019
Some banks, in an approach that goes against the protection of private data, require their clients to provide a list of their real estate assets. This new measure seems to have (…)
Morocco’s Central Bank Destroys 310 Million Banknotes Amid Currency Circulation Shift
23 October 2019
The volume of issuance by Bank Al-Maghrib in 2018 far exceeds that of the destruction of banknotes in 2017, according to the Central Bank’s Report on Financial Market (…)
Morocco Expands Dirham’s Trading Range to Boost Economic Resilience
21 October 2019
The easing of the exchange rate regime aims to absorb external shocks, in particular a surge in oil prices, and to strengthen the competitiveness of Morocco.
Morocco Sees Sharp Decline in Check Usage as Digital Payments Rise
21 October 2019
Payment by check is less and less used by Moroccans, according to a report just published by Bank Al-Maghrib.
King Mohammed VI Urges Moroccan Banks to Boost SME Lending and Economic Growth
13 October 2019
In his traditional speech before the members of the two Houses of Parliament, King Mohammed VI on Friday recommended that banks simplify and facilitate credit access (…)
Moroccan Dirham Gains Against Dollar, Holds Steady vs Euro: Bank Al-Maghrib Report
13 October 2019
The dirham rose 0.39% against the dollar and stabilized against the euro during the period from October 3 to 9, according to Bank Al-Maghrib (BAM).
Record Bank Liquidity Demand in Morocco as Consumption Soars
29 September 2019
The reasons why some ATMs were dry in August are known. Bank Al-Maghrib (BAM) reports that liquidity needs have reached unprecedented levels. And, according to the data (…)
Moroccan Dirham Weakens Against Euro and Dollar, Central Bank Reports
24 September 2019
Over the period from September 12 to 18, the Moroccan dirham lost 0.61% against the euro and 0.31% against the dollar, according to the weekly indicators released by Bank (…)
Moroccan Dirham Strengthens Against Euro and Dollar in Early September
15 September 2019
The Moroccan currency appreciated by 0.24% against the euro and 0.16% against the dollar during the period from September 5 to 11, according to the weekly indicators of Bank (…)