Bank Al-Maghrib

Islamic Mortgage Loans Surge 13.5% in Morocco, Boosting Real Estate Market

12 August 2024

"Halal" real estate loans granted to Moroccan households have seen a significant increase, reaching 23.1 billion dirhams at the end of June, compared to 20.3 billion dirhams in (…)

Morocco’s Central Bank Reports Success in Dirham Exchange Rate Flexibility

5 August 2024

In its 2023 annual report, Bank Al-Maghrib (BAM) said it was satisfied with the "good conditions" in which the flexibilization of the exchange rate regime is evolving.

Moroccan Banks Remain Resilient Amid Economic Challenges, Central Bank Reports

5 August 2024

In its 2023 annual financial stability report, Bank Al-Maghrib (BAM) highlights the strength of banking institutions, the main source of financing for the Moroccan economy.

Morocco’s Unemployed Favor Salaried Jobs Over Self-Employment, Central Bank Reports

3 August 2024

Despite incentives for self-employment, the unemployed prefer to look for salaried employment, reveals Bank Al-Maghrib (BAM) in a recent report.

Moroccan Dirham Strengthens Against Euro as Foreign Reserves Rise

29 July 2024

The Moroccan dirham appreciated by 0.14% against the euro and depreciated by 0.75% against the US dollar during the week of July 18-24, according to Bank Al-Maghrib (BAM).

Moroccan Dirham Strengthens Against Euro and Dollar, Central Bank Reports

20 July 2024

The Moroccan dirham appreciated by 0.82% against the euro and 0.39% against the dollar, between May and June 2024, according to figures published by Bank Al-Maghrib (BAM).

Moroccan Dirham Strengthens Against Dollar and Euro, Official Reserves at 362.6 Billion

15 July 2024

The dirham appreciated by 1.2% against the US dollar and 0.72% against the euro during the week of July 4-10, according to Bank Al-Maghrib (BAM).

Moroccan Dirham Weakens Against Euro and Dollar, Central Bank Reports

8 July 2024

The Moroccan dirham depreciated by 0.93% against the euro and 0.16% against the US dollar during the period of June 27 to July 03, according to Bank Al-Maghrib (BAM).

Moroccan Dirham Gains Against Euro and Dollar as Foreign Reserves Hold Steady

1 July 2024

The Moroccan dirham appreciated by 0.9% against the euro and 0.37% against the US dollar during the week of June 20 to 26, 2024, according to Bank Al-Maghrib (BAM).

Morocco Ends Gas Subsidy, Redirects Funds to Social Programs for Vulnerable Groups

27 June 2024

The government’s decision to remove the butane gas subsidy is timely and salutary in the sense that these financial resources will be used to strengthen direct aid to (…)