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Currency News

Moroccan Dirham Drops by 0.5% Against Euro, Rises by 1% Against Dollar

13 Mar 2018 16:22Morocco World News
Rabat- The Moroccan dirham depreciated by 0.5 percent against the euro and appreciated by 1 percent vis-à-vis the dollar, according to the latest weekly indicators of the week from March 1 to 7, published by Bank Al Maghrib (BAM). more

Moroccan Dirham Up by 0.3% Against Euro, Down by 0.5% Against Dollar

05 Mar 2018 11:37Morocco World News
Rabat - The Moroccan dirham has appreciated by 0.3 percent against the euro and depreciated by 0.5 percent against the US dollar from 22 to 28 February 2018, according to indicators from Bank Al-Maghrib. more

Morocco's forex reserves down 6 pct in Feb.

03 Mar 2018 15:45Xinhua
RABAT, March 3 (Xinhua) -- Morocco's foreign exchange reserves stood at 25.4 billion U.S. dollars at the end of February, dropping by 5.9 percent year on year, Morocco's Central Bank said Saturday. more

Morocco plans no more currency reforms for now as dirham stable - minister

30 Jan 2018 08:15Reuters
Inflation will accelerate to 1.5 percent this year and the dirham move could add as much as 0.4 percent to it, he added. Last year inflation was 0.2 percent, according to the High Planning Commission which collects economic data. more

Dirham Liberalization: JP Morgan Predicts a 7% Depreciation by 2019

17 Jan 2018 09:18Morocco World News
Rabat - A recent note published by JP Morgan came to confirm Moroccans' worst fears about the dirham liberalization reform. more

Dirham Liberalization: What Should Moroccans Expect

16 Jan 2018 12:50Morocco World News
Rabat - It's all what everyone is talking about this week. Since the Moroccan Central Bank and the Ministry of Finance announced the launch of the dirham liberalization reform last Friday, a sense of confusion and apprehension is reigning on the public ... more

Morocco's forex reserves shrink by 3.3 pct in 2017

06 Jan 2018 15:33Xinhua
RABAT, Jan. 6 (Xinhua) -- Morocco's foreign exchange reserves stood at 25.81 billion U.S. dollars by the end of 2017, shrinking by 3.3 percent compared with last year, Morocco's Central Bank said on Saturday. more

House Hunting in … Morocco

04 Jan 2018 10:41New York Times
Arabic: Moroccan dirham ($1 = 9.25 dirhams) and euro (1 euro = $1.20). TAXES AND FEES. Annual property taxes are approximately 560 euros (about $675), Mr. Castellini Baldissera said. more
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