Exchange Office

Morocco’s Foreign Investment Plummets 21.5% Amid Global Economic Downturn

4 September 2020

The flow of foreign direct investment (FDI) in Morocco recorded at the end of July 2020 has declined by 21.5% compared to last year. According to the Foreign Exchange Office, (…)

Morocco Sees 8.1% Drop in Remittances from Expatriates Amid Economic Downturn

8 August 2020

The net flow of foreign direct investment (FDI) in Morocco fell by 7.2% and stood at around 8.34 billion dirhams (MMDH) at the end of June 2020, according to the Foreign (…)

Morocco Extends Deadline for Voluntary Disclosure of Foreign Assets to December 31

31 July 2020

The deadline for filing declarations for the voluntary regularization of assets and liquidity held abroad has been extended by the Office of Foreign Exchange.

Morocco’s Economy Hit Hard: FDI Drops 15.9% Amid Coronavirus Crisis

7 July 2020

The most sensitive sectors of the Moroccan economy are experiencing record declines due to the coronavirus epidemic. Foreign direct investment has seen a 15.9% drop by the end (…)

Morocco’s Tourism Revenue Hits Record 78.8 Billion Dirhams in 2019, France Top Contributor

30 June 2020

Travel receipts reached a record in 2019. They recorded a total of 78.8 billion DH against 73 billion DH, according to the Foreign Exchange Office.

Morocco’s Energy Bill Drops 21.8% Amid Falling Oil Prices and Reduced Imports

3 June 2020

Over the first four months of 2020, the energy bill stood at 20.45 billion dirhams (MMDH), down 21.8% compared to the same period in 2019. According to the Office des Changes, (…)

Morocco’s Exports Plummet 20% Amid Global COVID-19 Disruptions

1 June 2020

Covid-19 and the restrictive measures put in place have caused a drop in Morocco’s foreign trade. This is evidenced by the figures published by the Office of Foreign Exchange.

Morocco’s Trade Deficit Widens 3.8% in Q1 2020 Amid COVID-19 Impact

2 May 2020

The trade deficit in the first quarter of 2020 worsened by 3.8% to over 49.13 billion dirhams (MMDH), compared to 47.34 MMDH in the same period last year. This is what the (…)

Morocco’s Exports Plunge 30% in March Amid Coronavirus Crisis, Trade Deficit Widens

1 May 2020

The Office of Exchange has just published the statistics on foreign trade at the end of March 2020. It shows a 30% drop in the kingdom’s exports in March 2020. The health (…)

Morocco Offers 20,000 DH Emergency Fund for Citizens Stranded Abroad Due to COVID-19

21 April 2020

To deal with the covid-19 epidemic, the Office des Changes grants an "exceptional" tourist allocation to Moroccans stranded abroad due to the closure of air, sea and land links.