The Moroccan dirham appreciated by 0.73% against the US dollar and depreciated by 0.23% against the euro during the week of August 15 to 21, 2024, according to Bank Al-Maghrib (BAM).
Real estate asset prices fell 0.4% in the second quarter of this year, according to Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
"Halal" real estate loans granted to Moroccan households have seen a significant increase, reaching 23.1 billion dirhams at the end of June, compared to 20.3 billion dirhams in the same period last year, according to Bank Al-Maghrib in a recent note.
In its 2023 annual report, Bank Al-Maghrib (BAM) said it was satisfied with the "good conditions" in which the flexibilization of the exchange rate regime is evolving.
In its 2023 annual financial stability report, Bank Al-Maghrib (BAM) highlights the strength of banking institutions, the main source of financing for the Moroccan economy.
Despite incentives for self-employment, the unemployed prefer to look for salaried employment, reveals Bank Al-Maghrib (BAM) in a recent report.
The Moroccan dirham appreciated by 0.14% against the euro and depreciated by 0.75% against the US dollar during the week of July 18-24, according to Bank Al-Maghrib (BAM).
The Moroccan dirham appreciated by 0.82% against the euro and 0.39% against the dollar, between May and June 2024, according to figures published by Bank Al-Maghrib (BAM).
The dirham appreciated by 1.2% against the US dollar and 0.72% against the euro during the week of July 4-10, according to Bank Al-Maghrib (BAM).
The Moroccan dirham depreciated by 0.93% against the euro and 0.16% against the US dollar during the period of June 27 to July 03, according to Bank Al-Maghrib (BAM).
The Moroccan dirham appreciated by 0.9% against the euro and 0.37% against the US dollar during the week of June 20 to 26, 2024, according to Bank Al-Maghrib (BAM).
The government’s decision to remove the butane gas subsidy is timely and salutary in the sense that these financial resources will be used to strengthen direct aid to vulnerable groups, said Abdellatif Jouahri, Wali of Bank Al-Maghrib, on Tuesday.