HomeEconomyTransfers exceed 27 billion dirhams at the end of March

Transfers exceed 27 billion dirhams at the end of March

Transfers of funds made by Moroccans residing abroad (MRE) amounted to nearly 27.11 billion dirhams (MMDH) at the end of March 2023, against 23.37 billion dirhams a year earlier, according to the Office des Changes

These transfers thus posted an increase of 16% (+3.73 billion dirhams) compared to March 2022, specifies the Office in a document on the monthly indicators of foreign trade for the month of March.

In addition, the Office reports a surplus in the balance of trade in services up by more than 17.2 billion dirhams. This increase follows an increase in exports (+56.4% to 60.05 billion dirhams) greater than that of imports (+19.9% ​​to 26.86 billion dirhams).

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