Morocco: Trade in services reaches 24 billion dirhams surplus

Morocco (Rabat) – Trade in services in Morocco achieved an estimated 24.32 billion dirhams surplus at the end of July, compared to 25.8 billion dirhams a year earlier, according to Morocco’s exchange rate monitoring body “Office des Changes”.

The income of services, namely travel, transportation, communications and call-centers reached 58.3 billion dirhams, corresponding to a 4.5% increase rate, while the expenditure amounted to 33.9 billion dirhams, corresponding to a 13.2% increase rate, added the Exchange Office, which recently published the monthly indicators of Morocco’s foreign exchange operations…read more

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