
Moroccan Household Debt Rises 6.1%, Averaging 42,500 Dirhams in 2018
The average debt of each Moroccan household has increased from 41,000 DH in 2017 to 42,500 DH in 2018, an increase of 6.1%.

The average debt of each Moroccan household has increased from 41,000 DH in 2017 to 42,500 DH in 2018, an increase of 6.1%.

Despite the good performance recorded from June 2018 to April 2019, the Islamic finance sector will face difficulties in maintaining its current pace of growth.

The dirham showed good health during the period from July 18 to 24, 2019, according to the note on the weekly indicators of Bank Al-Maghrib (BAM). The Moroccan currency appreciated by 0.20% against the euro and depreciated by 0.44% against the dollar.

Banks are resisting the slowdown in global growth in their sector. This is what the Bank Al-Maghrib Annual Report on banking supervision for the year 2018 revealed.

During the week of July 11 to 17, 2019, the Moroccan dirham gained value against the European currency as well as against the US dollar.

The dirham appreciated last week by 0.68% against the euro and depreciated by 0.04% against the dollar, according to figures just published by Bank Al-Maghrib (BAM).

During a fund transfer operation, from Dar As-Sikkah to the Central Bank of the Northern Axis, located in Tetouan, twelve million dirhams simply disappeared, stolen we don’t know how yet.

A good week for the Moroccan currency, which has appreciated against the two benchmark currencies, the euro and the dollar. This is what emerges from the data just published by "Bank Al-Maghrib" (BAM).

The Moroccan dirham depreciated, during the week of May 23 to 29, by 0.21% against the euro and 0.35% against the US currency.

A good week for the Moroccan dirham, which has regained a bit of color against the European and American currencies, according to data just released by Bank Al-Maghrib.

Based on the explanations provided by Bank Al-Maghrib on real estate asset prices for the first three months of the year, the index has declined by 0.7% and residential prices have been the most affected.

Will we soon see banknotes and coins in the Amazigh language in Morocco?, this is the subject of the amendment tabled by the PAM to reform Article 57 of the Bank Al Maghrib bill.