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Morocco · Economy · October 2, 2026

Remittances from Moroccans abroad up 9% to end-August

Moroccans living abroad sent more than 89 billion dirhams home by end-August 2026, and Médias24 notes that a weaker dirham amplified August's figure.

According to the Office des changes' monthly indicators, remittances from Moroccans living abroad (MRE) reached 89.2 billion dirhams at end-August 2026, up 9% from 81.8 billion a year earlier.

Médias24 calculated that August alone brought in about 14.4 billion dirhams, nearly 14% more than in August 2025. Part of this reflects the exchange rate: the dirham weakened against the euro and the dollar in the weeks before publication, so the same amount in euros converts into more dirhams. Excluding that effect, the paper estimates growth at around 11%.

The same data show an improved travel balance, with receipts up 9.7% to nearly 98 billion dirhams. Net foreign direct investment rose 65% to 34.3 billion dirhams.

Moroccans abroad are an important group of buyers in the Moroccan housing market, although the published figures do not show what share of remittances goes into property.

Sources

Summarised by Akram Toub Real Estate from the sources listed. This is general information, not financial or legal advice.

Photo: Tobias via Unsplash

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