The Moroccan currency has depreciated by 0.95% against the euro and appreciated by 0.58% against the US dollar, during the period from November 3 to 9, 2022. This is according to the indicators published by Bank Al-Maghrib (BAM) .
The Moroccan currency appreciated by 0.59% against the euro and depreciated by 0.66% against the US dollar, during the period from October 27 to November 02, 2022. This is according to the indicators published by Bank Al-Maghrib (BAM).
Fitch Ratings confirmed on November 4 Morocco’s long-term foreign currency issuer default rating at "BB+" with a stable outlook. The American rating agency also expects a monetary tightening by Bank Al-Maghrib.
Morocco has started negotiations with the International Monetary Fund (IMF) on a new Precautionary and Liquidity Line (PLL), announced on Friday the representative of the financial institution in the kingdom, Roberto Cardarelli.
The Moroccan currency appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro during the period from October 20 to 26, according to Bank Al-Maghrib (BAM).
A "dizzying rise" in the number of business failures is expected to hit Morocco, according to Allianz Trade, the world leader in credit insurance.
The Moroccan currency depreciated by 0.72% against the euro and 0.13% against the US dollar during the period from October 13 to 19, 2022, according to data published by Bank Al-Maghrib (BAM).
Inflation is increasingly affecting Moroccans. And real estate loans are not spared. These should indeed experience an increase in the 4th quarter of the year, according to professionals. What explains this forecast?
The Moroccan currency depreciated by 1.85% against the euro and appreciated by 1.90% against the US dollar during the period from September 29 to October 5, 2022. This is what the indicators published by Bank Al-Maghrib (BAM) indicate.
The Governor of Bank Al Maghrib (BAM), Abdellatif Jouahri, provided clarification on the depreciation of the dirham in recent months.
Bank Al-Maghrib (BAM) is convinced that remittances from Moroccans living abroad (MRE) should continue the upward trend that began at the start of the year.
The Moroccan currency appreciated by 1.16% against the euro and 0.26% against the US dollar, during the period from September 15 to 21, 2022. This is according to the indicators published by Bank Al-Maghrib (BAM) .