New measures have been proposed by the Bank Al-Maghrib Council, meeting on Tuesday, to alleviate the impact of the covid-19 pandemic and support the recovery of the economy and employment in a country now on its knees.
Following the Covid-19 pandemic, Morocco is preparing to experience in 2020 its worst recession since 1996, according to the central bank of the kingdom.
The Moroccan currency depreciated by 0.67% against the euro and appreciated by 0.93% against the dollar during the period from June 4 to 10, according to Bank Al-Maghrib (BAM) .
Moroccans are increasingly making cash withdrawals in these times of covid-19. According to Bank Al-Maghrib (BAM), for the month of April alone, more than 12 billion dirhams were withdrawn from the banking system.
Has the real estate sector in Kénitra been affected by the coronavirus crisis? The question arises for those who want a property in this city located about forty kilometers from Rabat. Let’s look at the situation in detail.
The Moroccan dirham depreciated by 0.75% against the euro and 0.41% against the dollar, according to Bank Al Maghrib’s weekly indicators for the week of May 21-27.
How are prices behaving in the real estate market in the city of Agadir? To find out, let’s analyze the real estate asset price index (IPAI) for the first quarter of 2020, published by Bank Al Maghrib .
Is now a good time to make investments in the real estate sector in Casablanca? This is a question that can be asked, especially with the coronavirus crisis that is far from being under control.
The dirham depreciated by 0.15% against the euro and appreciated by 0.67% against the dollar. These trends are published by Bank Al-Maghrib (BAM) .
Should one buy or still wait in Marrakech? Here are the elements of answers given by the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC), in collaboration with Bank Al Maghrib (BAM) , in its Real Estate Asset Price Index (IPAI).
Morocco could record a budget deficit due to the covid-19 pandemic crisis. The main financial institutions in the kingdom are sounding the alarm on this risk, which can drive up interest rates.
Bank Al Maghrib could be required to issue new types of currency. The latest Council of Government has approved a decree to this effect.