Moroccan Diaspora Remittances Surge 14% to 45 Billion Dirhams
28 June 2023
Just over 45 billion dirhams were sent to Morocco by Moroccans residing abroad by the end of last May, according to figures released by the Foreign Exchange Office.
Exchange Office
Moroccan Expat Remittances Surge 16% to $2.7 Billion, Boosting Economy
29 April 2023
According to the Office des Changes, the remittances of Moroccans living abroad (MRE) experienced a significant growth of 16% in March 2023, reaching nearly 27.11 billion (…)
Morocco’s Automotive Exports Surge 50% in Early 2023, Boosting Economy
2 April 2023
Morocco’s automotive exports reached 21.6 billion dirhams (1.9 billion euros) at the end of February, an increase of nearly 50% (40.5%) compared to the same period in 2022.
Moroccan Diaspora Remittances Surge 28.6% to 17.3 Billion Dirhams in February
1 April 2023
Remittances made by Moroccans living abroad (MRE) increased by 28.6% compared to February 2022. This is specified in the monthly indicators of foreign trade of the Office des (…)
Morocco Poised to Boost Construction Material Exports Sixfold, Study Finds
21 March 2023
Morocco is able to multiply its Moroccan exports of construction materials by six. This is the conclusion of a study carried out by the Office des changes.
Moroccan Diaspora Remittances Surge 46% in January, Boosting Economy
3 March 2023
Remittances made by Moroccans living abroad (MRE) experienced a significant increase of 46.3% at the end of January 2023, reaching more than 9.22 billion dirhams, according to (…)
Moroccan Diaspora Remittances Surge 16.5% to $11 Billion in 2022
2 February 2023
Remittances from Moroccans residing abroad (MREs) experienced a significant increase in 2022, according to data published by the Office of Foreign Exchange.
Morocco’s Automotive Exports Surge to Record $10 Billion, Up 35% in 2023
1 January 2023
Moroccan automotive exports generated a turnover of 100.37 billion dirhams at the end of the first eleven months of the year, an increase of 35% compared to the same period in (…)
Morocco’s New Tourist Allowance Policy Limits Travel Options for Citizens
13 December 2022
While the Office of Exchange says it has undertaken a reform to simplify the regime of tourist allowances for all stakeholders, including banks, it has been found that the new (…)
Morocco’s Auto Industry Hits Export Record, Boosting Economy
3 November 2022
The Moroccan automotive industry has reached a record high in exports. At the end of last September, exports stood at 77.68 billion dirhams, their highest level during the same (…)