
Moroccan Dirham Strengthens Against Euro and Dollar, Reserves Stable
The Moroccan dirham appreciated by 0.28% against the euro and 0.11% against the dollar during the week of May 9 to 15.

The Moroccan dirham appreciated by 0.28% against the euro and 0.11% against the dollar during the week of May 9 to 15.

In Morocco, the signs of a slowdown in economic activity are still very visible. Indeed, Médias24 reveals that despite the reduction in Morocco’s trade deficit, exports grew by only 4.1% at the end of March and imports by 1.5%.

A good month for the Moroccan currency, which has gained value against the European currency, according to figures just released by the central bank.

During the week of April 18-24, the Moroccan dirham gained value against the European currency and lost it against the US currency.

The Moroccan currency depreciated, during the month of March, by 0.42% against the euro and 0.77% against the US dollar, informs Bank Al-Maghrib (BAM).

The Moroccan dirham held up well last week, gaining value against the two reference currencies, the euro and the US dollar.

The Moroccan currency ended the week of April 4-10 virtually stable against the euro, with a 0.05% decline according to data provided by Bank Al-Maghrib (BAM).

A convention signed last Friday between the Ministry of National Education and Bank Al-Maghrib provides for the transfer of the design of all national diplomas to Dar As-Sikkah.

The Moroccan currency depreciated, during the week of March 7 to 14, by 0.07% against the euro and appreciated by 0.14% against the dollar.

A good week for the Moroccan currency, which regained some color last week against the European and American currencies.

As every quarter, Bank Al Maghrib and the National Agency for Land Registry, Cadastre and Cartography (ANCFCC) publish the key figures on sales and real estate transactions in the main Moroccan cities. Let’s look at the city of Marrakech .

In its note on real estate prices in the 4th quarter published a few days ago, Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) report a slight increase of 0.3% nationwide. What about the major cities?