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Keywords: Bank Al Maghrib


Morocco rises as a key player in the global cryptocurrency market

Morocco is solidifying its position as one of the most active cryptocurrency markets in the world, with the 2025 Chainalysis Global Crypto Adoption Index ranking the country 24th globally. This places Morocco ahead of notable African peers such as Kenya (25th), Egypt (26th), and South Africa (28th),......

Bank liquidity needs rise in Morocco in August 2025

Morocco’s banking liquidity needs increased in August 2025 compared to the previous month, according to the Directorate of Studies and Financial Forecasts (DEPF). In response, Bank Al-Maghrib (BAM) raised the volume of its liquidity injections, reaching an average of 134.4 billion dirhams (MMDH)......

Morocco introduces commerce code reform to rebuild confidence in cheque payments

Morocco has approved a major reform of its Code of Commerce to restore confidence in cheques as a reliable payment instrument and to ease the legal burden caused by unpaid transactions. The Council of Government validated the draft bill during its latest meeting, with government spokesperson Mustapha......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

Digital bank Revolut eyes Morocco amid Bank Al-Maghrib caution

British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......

Morocco’s crypto paradox: bitcoin thrives despite a national ban

Morocco banned cryptocurrency transactions in 2017, but the sector has continued to grow under the radar. A new law in development may finally regulate the industry, marking a pivotal shift in the country’s approach to digital currencies. A firm stance on crypto In November 2017, Morocco’s......

In Tunis, Jouahri advocates for strengthening arab monetary cooperation

At a meeting in Tunis on September 17, 2025, Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), highlighted the importance of enhanced cooperation between Arab central banks to confront the global political, economic, and commercial shocks currently affecting the world. Speaking on the sidelines......

Abdellatif Jouahri ranks among world’s top central bank governors in 2025

Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), has been recognized as one of the world’s leading central bank governors in the 2025 Central Banker Report Cards by the prestigious American financial magazine Global Finance. Jouahri received an “A” rating, placing him in an elite......

Morocco's digital leap: e-Dirham aims to modernize finance and boost regional influence

Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......