Morocco
Moroccan Dirham Weakens Against Euro, Gains on Dollar
The Moroccan dirham depreciated by 0.8% against the euro and appreciated by 1.1% against the US dollar, according to data published by Bank al-Maghrib .
Topic
Bank Al-Maghrib
Morocco
Morocco Exits FATF 'Gray List' as Anti-Money Laundering Efforts Intensify
Morocco has made significant progress in its fight against money laundering. This emerges from the seventh annual report of the Presidency of the Public Prosecutor’s Office, published on March 6, 2024. This official document shows a positive evolution of key indicators, testifying to increased mobilization of the authorities.
Morocco
Moroccan Dirham Weakens Against Euro, Gains on Dollar
The Moroccan dirham appreciated by 0.3% against the US dollar and depreciated by 0.4% against the euro, during the period from February 13 to 19, according to Bank Al-Maghrib.
Morocco
Moroccan Dirham Strengthens Against Euro and Dollar
The dirham appreciated by 0.5% against the euro and 0.1% against the US dollar, during the period from February 6 to 12, according to Bank Al-Maghrib’s indicators.
Morocco
Moroccan Dirham Slips Against Euro and Dollar, Central Bank Reports
The Moroccan currency depreciated by 0.2% against both the euro and the US dollar during the period from January 30 to February 5, 2025, according to Bank Al-Maghrib.
Morocco
Moroccan Dirham Holds Steady Against Euro and Dollar, Central Bank Reports
The dirham remained almost stable against both the euro and the US dollar during the period of January 23 to 29, according to Bank Al-Maghrib (BAM).
Morocco
Remittances to Morocco Hit Record High of 117.7 Billion Dirhams in 2024
The year 2024 was prosperous for money transfers from Moroccans residing abroad (MRE), according to the latest figures published by the Office des Changes.
Morocco
EU Plans Crackdown on Moroccan Expat Money Transfers
Faced with the continuous increase in fund transfers from Moroccans residing abroad (MREs) to Morocco, the European Union is preparing to issue a directive to reduce these transfers through Moroccan banks established in Europe.
Morocco
Moroccan Dirham Gains Strength Against Euro and Dollar
The Moroccan dirham appreciated by 1.4% against the euro and 0.6% against the US dollar, during the period from January 2 to 8, 2025, according to Bank Al-Maghrib (BAM).
Morocco
Moroccan Expatriate Remittances Surge to 108.67 Billion Dirhams, Boosting Economy
Remittances from Moroccans residing abroad (MRE) reached 108.67 billion dirhams (MMDH) at the end of November 2024, marking an increase of 2.8% compared to the same period in 2023. These figures, published by the Office of Foreign Exchange, confirm the trend observed in recent years.
Morocco
Tangier Real Estate: Housing Prices Rise Slightly as Sales Slump
The real estate market in Tangier is showing contrasting trends. While the overall price index has increased by 0.1%, this apparent stability masks divergent realities depending on the types of properties at the end of 2024.
Morocco
Rabat Real Estate Market Sees Price Dips and Sharp Drop in Sales
The city of Rabat is going through a period of decline in the real estate sector. A slight drop in prices, estimated at -0.6%, hides disparities depending on the types of properties, was noted in the 3rd quarter of this year. While land shows unexpected resistance with a modest increase of 0.8%, other segments show more marked erosion.