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Keywords: Dirham
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......
During the week of September 4–10, 2025, the Moroccan dirham appreciated by 0.6% against the US dollar and 0.2% against the euro, according to Bank Al-Maghrib (BAM). No foreign exchange auction operations were conducted during this period, BAM noted in its weekly economic indicators bulletin. Official......
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......
The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......
During the period from July 24 to 29, 2025, the Moroccan dirham appreciated by 0.6% against the euro and depreciated by 1% against the US dollar, according to Bank Al-Maghrib (BAM). In its latest weekly indicators bulletin, BAM reported that no foreign exchange auctions were conducted during this time.......
Morocco is poised to transition to a floating exchange rate regime in 2026, a move that underscores the critical role of its diaspora in maintaining economic stability. With over five million Moroccans living abroad, remittances have become a cornerstone of the national economy, reaching MAD 117.7 billion......
The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......
Bank Al-Maghrib has released the latest foreign exchange rates against the Moroccan dirham for Thursday, February 13, 2025. The rates include both buying and selling prices for major global currencies. The euro is trading between 9.8029 and 11.3925 dirhams, while the US dollar ranges from 9.3996 to......
The Moroccan dirham experienced a minor depreciation of 0.2% against both the Euro and US dollar during the period of January 30 to February 5, according to Bank Al-Maghrib (BAM). This modest decline follows a period of exchange rate stability in the previous week. The central bank's weekly bulletin......