Office of Change: Transfers from Moroccans abroad exceeded 108 billion dirhams
This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba beards
The Foreign Exchange Office indicated that remittances from Moroccans living abroad amounted to 108.67 billion dirhams at the end of November 2024, compared to 105.68 billion dirhams during the same period of the last year.
In its latest bulletin on monthly exchange rate indicators, the Office highlighted that these transfers increased by 2.8% (plus 2.99 billion dirhams) compared to the end of November 2023.
He also indicated a slight drop in the surplus of the balance of services, of 0.5% to 123.28 billion dirhams, resulting from the increase in imports of services (plus 13.8%), which exceeded the increase in exports of services (+6.3%).
As for travel receipts, they stood at 104.47 billion dirhams at the end of last November, compared to 97.47 billion dirhams a year ago.
For their part, travel expenditure stood at 26.70 billion dirhams (up 20.2%), and the travel surplus improved by 3.3% to 77.77 billion dirhams. at the end of November 2024.
