Bank Al-Maghrib (BAM), Morocco’s central bank, and the Office des Changes (OE), the country’s foreign trade watchdog, signed a partnership agreement on Monday in Rabat. The agreement aims to establish …
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
The International Monetary Fund (IMF) proposed for Morocco to move to the next phase of fiscal reforms aiming to make its national currency’s exchange rate more flexible, but Morocco’s central …
While Morocco imposed tariffs on Turkish imports in response to a “commercial invasion,” Turkish textile and raw materials exports increased by 30.4% between January and August 2022 to reach 44,000 …
Morocco’s central bank, Bank Al-Maghrib (BAM), announced today raising central bank interest rates by 0.50 points to 2%, in response to the lingering supply chain bottleneck and rampant inflation. Following …
Morocco’s automotive exports reached MAD 59.6 billion ($5.6 billion) at the end of July 2022, an increase of 31.6% compared to a year earlier. This growth, according to a new …