Morocco denies MAD nosedive after Google glitch ...Kuwait

The Moroccan central Bank (BAM) has denied the Moroccan dirham (MAD) nosedive after a Google glitch showed the currency losing around 70% of its value, causing mass panic in the country. Around 7 p.m. GMT on Wednesday, the world's largest search engine Google started showing that the Moroccan currency declined to 18 MAD per 1 euro and 17 MAD per 1 US$. For the past months, the Moroccan dirham has kept a stable trade rate at around MAD10 per 1 US$. After two hours of panic, the glitch was corrected with the top Google search showing again that the real value of the Moroccan dirham against the US dollar is set at 10.17. Bank Al-Maghrib, the Moroccan central bank, relea

Hence then, the article about morocco denies mad nosedive after google glitch was published today ( Thursday 19/01/2023 - 05:16 PM ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Morocco denies MAD nosedive after Google glitch )

Also on site :

• Mercedes-Benz ‘willing’ to move into defense production – CEO
• Deadly virus outbreak kills 65 in DR Congo
• Dave Matthews Band Just Played a Secret Gig at Disney World’s Cinderella Castle—See the Video