Morocco’s Cash Surge: The Leap to Controversial Digital Currency

In May 2024, Morocco reached a pivotal moment, with cash liquidity hitting an unprecedented 340 billion dirhams (31.6 billion euros), equating to 30% of its GDP. This development, detailed by Bank al-Maghrib (BAM), Morocco’s central bank, highlights the 4.3% increase from the previous year. It also underscores the complexities of managing such a vast amount […]