Exchange Office

Morocco’s Foreign Direct Investment Surges 13.9% Despite COVID-19 Challenges

4 January 2022

Despite the effects related to Covid-19, foreign direct investment (FDI) continued its upward trend recorded in recent months. At the end of last November, it increased by (…)

Moroccan Expatriate Remittances Surge 41% to 86 Billion Dirhams Despite Border Closures

31 December 2021

Funds transfers made by Moroccans residing abroad (MREs) have maintained their upward trend despite the closure of borders. At the end of November, they amounted to more than (…)

Moroccan Expatriate Remittances Set to Hit Record $10 Billion in 2021

23 December 2021

Remittances made by Moroccans residing abroad (MREs) have continued their upward trend observed in recent months, and should reach 95 billion dirhams (MMDH) by the end of the (…)

Morocco Tightens Anti-Money Laundering Rules for Currency Exchange Offices

12 December 2021

The Foreign Exchange Office announced the publication of a new circular on the obligations of exchange offices in terms of vigilance and internal monitoring, in order to (…)

Moroccan Diaspora Remittances Surge to Record 8 Billion Euros, Boosting Economy

11 December 2021

Moroccans living abroad (MRE), estimated at five million, of whom nearly a fifth are in Spain, have transferred a lot of funds to Morocco during the health crisis. By the end (…)

Moroccan Diaspora Remittances Surge 43% to Nearly 80 Billion Dirhams

4 December 2021

Remittances from Moroccans Living Abroad (MRE) are maintaining good momentum this year. As of the end of October, they reached 79.656 billion DH compared to 55.58 billion DH (…)

Moroccan Expat Remittances Surge 42.5% to 71.88 Billion Dirhams, Boosting Trade Balance

3 November 2021

At the end of last September, money transfers made by Moroccans living abroad (MRE) amounted to 71.88 billion dirhams.

Moroccan Diaspora Remittances Set to Surge 7.6% in 2022, Reaching 75.4 Billion Dirhams

10 October 2021

The increase in remittances from Moroccans living abroad (MRE) recorded this year, despite the health crisis, should continue in 2022. This growth is attributed by experts to (…)

Moroccan Diaspora Remittances Surge 45.7% to $6.8 Billion Despite Global Crisis

2 October 2021

At the end of the first 8 months of 2021, funds transferred by Moroccans residing abroad amounted to 63.7 billion dirhams.

Morocco’s Foreign Direct Investment Surges 16.9% in First Eight Months of Year

2 October 2021

The flow of foreign direct investment (FDI) to Morocco recorded a 16.9% increase during the first eight months of the year.