Morocco
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar
The dirham depreciated by 0.7% against the US dollar and appreciated by 0.29% against the euro during the period of December 19 to 24, 2024, according to Bank Al-Maghrib (BAM) .
Topic
Bank Al-Maghrib
Morocco
Casablanca Real Estate Market Slumps as Prices and Transactions Fall
The real estate market in Casablanca is showing signs of weakness. A general drop in prices, accompanied by a significant drop in transactions, has been observed in recent months.
Morocco
Marrakech Real Estate Market Cools: Prices Drop, Transactions Plummet 53%
The real estate market in the city of Marrakech is showing signs of slowdown. In the third quarter of 2024, prices generally fell by 0.5%, a decline that hides disparities depending on the types of properties.
Morocco
Morocco's Real Estate Market Slumps as Prices and Transactions Fall
The overall index of real estate asset prices fell by 0.2% in the third quarter compared to the previous quarter. This is according to joint data from Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
Morocco
EU Proposal Could Disrupt Vital Remittances to Morocco
Bad news for Moroccans abroad (MRE)! The European Union wants to tighten the screws on money transfers to Morocco . The Moroccan authorities are currently in full discussion with many countries, but these are proving difficult.
Morocco
Moroccan Dirham Gains Against Dollar and Euro as Reserves Rise
The Moroccan dirham appreciated by 0.4% against the US dollar and 0.56% against the euro during the week of November 28 to December 4, 2024, according to Bank Al-Maghrib (BAM).
Morocco
Morocco Set to Legalize Cryptocurrencies, Reversing 7-Year Ban
After seven years of total ban, Morocco is about to make a U-turn and legalize the use of cryptocurrencies . This change of course is being driven by Bank Al Maghrib (BAM). A draft law, currently in the process of being adopted, will allow the use of these digital assets to be regulated.
Morocco
Moroccan Dirham Holds Steady Against Euro, Slips Versus Dollar
The Moroccan dirham remained almost stable against the euro and depreciated by 0.61% against the US dollar, during the period from November 14 to 20, according to Bank Al-Maghrib (BAM).
Morocco
Moroccan Central Bank Approves Saham's Acquisition of Société Générale Subsidiary
Bank Al-Maghrib has just granted the Saham group the last authorization required for the acquisition of Société Générale Maroc.
Morocco
Moroccan Dirham Gains Against Euro, Slips Versus Dollar
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 (BAM) .
Morocco
The Moroccan dirham falls against the euro
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 Al-Maghrib (BAM) .
Morocco
The dirham falls against the euro
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 Al-Maghrib (BAM).