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The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat (singular: santim; Arabic: سنتيم).
Al Maghrib was the first Arabic newspaper of the country, and was established in 1886. [9] It was a local media, based in Tetouan.. The first national newspaper to be published in Arabic by Moroccans was an-Nafahat az-Zakiya fi l-Akhbar il-Maghrebiya (النفحات الزكية في الأخبار المغربية The Pleasant Notes in the News of Morocco) in 1889.
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [1]Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
Mass media in Morocco includes newspapers, radio, television, and Internet. The first newspaper to be founded in Morocco was the Spanish-language El Eco de Tetuán in 1860. Such publications were not generally available in Moroccan cities until 1908. "Al Maghreb" was the first Arabic newspaper in the country and it was established in 1886 [1].
The People's Republic of China's renminbi was informally and controversially pegged to the dollar in the mid-1990s at ¥ 8.28/USD. Likewise, Malaysia pegged its ringgit at RM3.8/USD in September 1998, after the financial crisis. On July 21, 2005, both countries removed their pegs and adopted managed floats against a basket of currencies.
The museum, located in the bank's headquarters, has an important numismatic collection, spanning from different civilizations of Antiquity to the present day. With more than 30,000 coins, banknotes, monetary instruments and other objects, the museum and its adjacent art gallery of several hundred artworks document the 2000-year-old cultural history of money and its artistic representation in ...
A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault ...
The Daily Mail has been awarded the National Newspaper of the Year in 1995, 1996, 1998, 2001, 2003, 2011, 2016 and 2019 [128] by the British Press Awards. Daily Mail journalists have won a range of British Press Awards, including: "Campaign of the Year" (Murder of Stephen Lawrence, 2012) "Website of the Year" (Mail Online, 2012)