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Keywords: Bank Al Maghrib
In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......
In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......
Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......
In a glimpse into the Moroccan market's future, a recent survey conducted by Bank Al-Maghrib, the country's central bank, reveals that more than one-third of business owners (34%) are optimistic about improved market conditions in the next three months. This survey, conducted in November, provides......
Morocco's central bank, Bank Al-Maghrib (BAM), envisions a promising trajectory for the country's inflation rate, forecasting a decline from 6.6% in 2022 to an average of 6.1% in 2023. Looking further ahead, the rate is anticipated to decrease even more, reaching 2.4% in both 2024 and 2025, according......
In a dazzling display of growth and significant advancements, Morocco's automotive industry has soared to unprecedented heights, marking an exceptional year for the sector. According to the monthly indicators of foreign trade by the Office des Changes, automotive sales witnessed a staggering 30.5%......
In a promising outlook for the Moroccan economy, Bank Al-Maghrib (BAM), the country's central bank, has projected a growth rate of 2.7% for the year 2023, with further improvements anticipated in the following years. The latest quarterly meeting of BAM has illuminated the positive trajectory, indicating......
Morocco is on the verge of a significant regulatory breakthrough in the realm of crypto assets, as it works on a new bill aligning with recommendations from the latest G20 Summit. Governor Abdellatif Jouahri of Bank Al-Maghrib (BAM), the central bank of the Kingdom, unveiled this progressive development......
A groundbreaking alliance was officially solidified on Monday between Morocco's distinguished Bank Al-Maghrib (BAM) and Switzerland's formidable State Secretariat for Economic Affairs (SECO), marking the commencement of a new chapter in their bilateral partnership focused on strengthening the......
