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Moroccan Dirham Slips Against Euro and Dollar While Forex Reserves Climb to MAD 500.1 Billion
Morocco's national currency recorded a notable decline against major benchmarks between late August and early September 2026, losing 1.33% against the euro and 1.55% versus the US dollar. However, the country's international reserves remain robust, reaching MAD 500.1 billion as of August 28, a 21.8%...

AMMC Approves Annual Update of Immorente Invest Treasury Bill Program
On July 13, 2026, Morocco’s Capital Market Authority (AMMC) confirmed the annual refresh of the information dossier for Immorente Invest’s treasury‑bi...

Morocco Treasury Raises 1.5 bn MAD in June 2 Bond Auction, Oversubscribed by 2.3 bn
The Moroccan Treasury announced that its June 2 bond auction attracted 3.43 bn MAD of orders, of which 1.5 bn MAD were allotted to investors. The issu...

Moroccan Treasury Forecasts 2.5–3 Billion Dirhams Funding Need for April 2026
The Moroccan Treasury, via its Direction des Finances Extérieures, outlined that the cash requirement for April 2026 is expected to lie between 2.5 an...

Morocco’s Bad-Loan Ratio Climbs to 8.3 % as Households & Corporates Fall Behind
Bank Al-Maghrib’s latest data show non-performing loans jumped 4.6 % in January 2026, pushing the system-wide NPL ratio from 8 % to 8.3 %. Household a...

Managem Boosts Treasury Bill Program to DH2 Billion
Managem has announced an upgrade to its treasury‑bill issuance framework, doubling the ceiling from DH1 billion set in 2017 to DH2 billion. The regula...
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Morocco Treasury Bills See Zero Allocation in March 3 Primary Market Auction
The Moroccan Treasury announced that none of the bids received for the primary‑market auction held on March 3, 2026 were accepted, even though total d...

Morocco Treasury Raises 4.5 bn Dirhams as Short‑Term Yield Curve Relaxes
On February 17, 2026, Morocco’s Treasury successfully placed 4.5 billion dirhams of Treasury bills, attracting a total demand of 17.07 billion dirhams...
