Morocco
Moroccan Household Debt Soars to 31% of GDP, Driven by Real Estate Loans
Moroccans’ debt continues to grow every year. Real estate is to blame.
Topic
Bank Al-Maghrib
Morocco
Moroccan Dirham Weakens Against Euro, Strengthens vs Dollar in Latest Week
The Moroccan currency depreciated by 0.80% against the euro, and appreciated by 0.82% against the dollar, during the period from March 5 to 11, according to Bank Al-Maghrib (BAM).
Morocco
Moroccan Dirham Weakens Against Euro, Strengthens vs Dollar: Central Bank Report
The Moroccan currency depreciated by 1.13% against the euro and appreciated by 1.27% against the dollar during the period from February 27 to March 4. This is according to data published by Bank Al-Maghrib (BAM) .
Morocco
Morocco Considers Next Phase of Dirham Flexibility Reform
Bank Al-Maghrib and the Ministry of Finance are working on the triggering of the next stage of the reform related to the flexibility of the dirham. But prerequisites must be defined upstream.
Morocco
Drought Threatens Morocco's Agriculture and Economic Growth Forecast
Abnormally high temperatures across Morocco and the lack of precipitation portend another dry season that could affect agricultural production and consequently the economic growth of 2020.
Morocco
Morocco Unveils Ethics Code for Officials in Anti-Corruption Push
As part of the fight against corruption, Morocco intends to make a code of ethics available to government officials.
Morocco
Morocco Advances Toward More Flexible Dirham Exchange Rate
Morocco wants to take a new step in the process of flexibility of the dirham.
Morocco
Morocco's Real Estate Market Slumps: Sales Drop 3.8% in 2019
Real estate sales in Morocco fell by 3.8% at the end of 2019, unlike 2018, when they were up 4.8%.
Morocco
Islamic Banking Struggles to Gain Traction in Morocco's Financial Sector
Islamic banks are showing a decline in performance after two years of operation. Few Moroccans are turning to Islamic finance.
Morocco
Moroccan Dirham Strengthens Against Euro, Weakens vs Dollar in Latest Bank Al-Maghrib Report
According to the indicators published by Bank Al-Maghrib, from February 6 to 12, 2020, the Moroccan dirham appreciated by 0.42% against the euro and depreciated by 0.5% against the dollar.
Morocco
Moroccan Dirham Strengthens Against Euro and Dollar in January
The Moroccan dirham appreciated by 0.24% against the euro, and by 0.14% against the dollar, during the month of January.
Morocco
IMF Chief Georgieva to Visit Morocco for Economic Talks
Kristalina Georgieva, the new Managing Director of the International Monetary Fund (IMF), is expected in Morocco as early as February 19 on economic development issues.