US EditionCurrency: Significant Decline in Cash Flow to 414.4 Mmdh in 2024
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The fiduciary currency experienced a significant deceleration in 2024, with its outstanding amount of Dirham 414.4 billion (MMDH), or 25.9% of gross domestic product (GDP), according to Bank Al-Maghrib (BAM). After a strong expansion between 2020 and 2023 at an average annual rate of 12%, the growth of the fiduciary currency fell to 5.2% in 2024, with a marked monthly decrease of 14.5 MMDH in December, as reported by BAM in its annual report on …
The fiduciary currency experienced a significant deceleration in 2024, its outstanding amount being 414.4 billion dirhams (MMDH), or 25.9% of gross domestic product (GDP), according to Bank Al-Maghrib (BAM). After a strong expansion between 2020 and 2023 at an average annual rate of 12%, the growth of the fiduciary currency has fallen to 5.2% ... This article Currency: Significant decline of the fiduciary circulation to 414.4 MMDH in 2024 appear…
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