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Keywords: Euro
The Spanish government has officially tasked public engineering firm Ineco with designing the reconnaissance gallery for the long-awaited Morocco-Spain tunnel project, marking a significant milestone in the decades-old initiative. This ambitious undertaking envisions a railway connection under the Strait......
A Spanish government study has confirmed the technical feasibility of constructing a tunnel linking Morocco and Spain, marking a significant step forward for the ambitious €8.5 billion project. This cross-continental railway link, which would span approximately 65 kilometers, has been under discussion......
Russia is pushing to host the UEFA Euro 2032 tournament, despite its continued exclusion from international football due to sanctions imposed following its military actions in Ukraine. The Russian Football Union (RFU) president, Alexander Dyukov, recently announced the country’s readiness to step......
Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......
The Moroccan dirham appreciated by 0.7% against the euro while depreciating by 0.3% against the U.S. dollar during the period from October 2 to 8, 2025, according to Bank Al-Maghrib (BAM). During this period, no auction operations were conducted on the foreign exchange market, BAM noted in its latest......
The Iranian national currency, the rial, hit a historic low against the US dollar on Sunday morning following the reinstatement of UN sanctions, according to several currency tracking websites. Informal market rates indicate that one dollar is exchanging for approximately 1.12 million rials, while one......
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......
Germany’s central bank, the Bundesbank, reported a noticeable increase in counterfeit euro banknotes during the first half of 2025. A total of approximately 36,600 fake banknotes were withdrawn from circulation, with a nominal value of around €2.1 million. This figure reflects an 8% increase......
A proposed tunnel under the Strait of Gibraltar is drawing fresh attention as Morocco and Spain renew efforts to bridge their continents. Beyond the technical challenges, the project symbolizes a potential transformation in diplomacy, trade, and cultural integration between Europe and Africa. Reviving......
