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Keywords: Exchange


Moroccan dirham shows mixed performance as central bank boosts financial system

The Moroccan dirham demonstrated varied performance in foreign exchange markets during January 16-22, appreciating 0.6% against the US dollar while declining 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, BAM reported no currency auction operations in the foreign exchange......

Israel halts Palestinian return to Northern Gaza amid hostage release controversy

Israel has suspended the planned return of Palestinians to northern Gaza, citing unresolved issues with the ongoing hostage exchange deal. The decision stems from complications surrounding the expected release of Israeli civilian Arbel Yehoud and four female soldiers. Israeli Prime Minister Benjamin......

SEC Sues Elon Musk for Late Disclosure of Twitter Stake

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing him of failing to disclose his acquisition of a significant stake in Twitter within the legally required timeframe. The alleged violation pertains to Musk's delay in notifying regulators after surpassing......

Morocco Takes Center Stage at 2025 Paris Book Festival, Showcasing Literary Renaissance

Morocco has secured its position as the guest of honor at the upcoming Paris Book Festival, scheduled for April 11-13, 2025. This prestigious recognition marks Morocco's return to the prominent cultural event after an eight-year hiatus, highlighting the nation's dynamic publishing landscape. The......

Hamas Offers to Release 34 Israeli Captives Amid Ongoing Gaza Crisis

The militant group Hamas has announced its readiness to release 34 Israeli captives as part of a potential new agreement, while the death toll in Gaza has reportedly reached 45,805. According to a leaked list published by Saudi outlet A-Sharq al-Awsat, the proposed release includes twelve women and children,......

Morocco's International Travel Spending Soars to $2.6 Billion, Defying Local Survey Predictions

Moroccan citizens' expenditure on international travel reached a remarkable 26.7 billion Moroccan dirhams ($2.6 billion) by November 2024, according to recent data released by the Exchange Office. This represents a substantial increase of 4.5 billion MAD ($447,359) compared to the previous year's......

Bitcoin Price Surge Expected by 2025 Driven by Institutional Acceptance and Regulatory Changes

Bitcoin’s price is projected to see significant growth by the end of 2025, with expectations that it could reach up to $225,000 per coin. This forecast highlights the prevailing optimism in the cryptocurrency market and marks an upward revision from earlier predictions, which estimated Bitcoin's......

Musk’s Influence and the Future of Investigations into His Empire

As Elon Musk’s influence continues to grow, concerns arise about the impact on ongoing investigations into his vast business empire. In December 2024, during the final days of the Biden administration, the U.S. Securities and Exchange Commission (SEC) set a tight deadline for Musk to settle allegations......

Morocco's Diaspora Remittances Surge to $10.7 Billion, Strengthening Economic Ties

Morocco's expatriate community continues to make substantial contributions to the national economy, with diaspora remittances reaching MAD 108.67 billion ($10.7 billion) by November 2024, according to recent data from Morocco's Office of Foreign Exchange. This represents a 2.8% increase compared......

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