Currency rates today in Morocco, Monday, July 11, 2022... the calm of the feast


Currency rates today in Morocco, Monday, July 11, 2022... the calm of the feast



The price of the euro stabilized today in Morocco on Monday 11 July 2022, during the blessed Eid al-Adha, and the price of the dollar maintained its level.


The price of the euro today in Morocco


The price of the euro stabilized today in Morocco, at the beginning of today’s trading, at the level of 9.67 dirhams for purchase, and 11.24 dirhams for sale, according to data from the Central Bank of Morocco via its official website “bkam.ma”.


Morocco.. Huge incentives to attract foreign investors

Last month, the Central Bank of Morocco kept the interest rate at a record low of 1.5%, saying its accommodative monetary policy was conducive to stimulating the economy, despite the high inflation that Morocco expects to curb next year.


The Central Bank of Morocco said in a statement after its quarterly board meeting that inflation is expected to rise to 5% this year, driven by the increase in food and energy prices, before declining to 2% next year.


Economic growth is expected to decline to 1% this year due to drought, before improving to 4% next year, compared to 7.9% in 2021.


Morocco's central bank governor, Abdellatif Jouahri, said Morocco may issue international bonds this year to raise $1 billion. He added that Morocco is also seeking a new credit line from the International Monetary Fund.


The price of the dollar today in Morocco

The price of the dollar today in Morocco at the Central Bank of Morocco recorded 9.57 dirhams for purchase, and 11.13 dirhams for sale.


With the global rise in prices, Morocco supports its citizens with billions of dollars

The price of the pound sterling today in Morocco

The price of the pound sterling today in Morocco recorded 11.45 dirhams for purchase, and 13.31 dirhams for sale, according to the Central Bank of Morocco website today, Sunday.


The price of the riyal, dirham and dinar

The price of the Saudi riyal today in Morocco was 2.55 dirhams for purchase, and 2.96 dirhams for sale.


The price of the UAE dirham today in Morocco at the Central Bank reached 2.60 dirhams for purchase, and 3.03 dirhams for sale.


The price of the Kuwaiti dinar today in Morocco at the Central Bank recorded a level of 31.13 dirhams for purchase, 36.18 dirhams for sale.

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