Moroccan Dirham: The Geopolitics Behind Google Currency Glitch – Morocco World News
The current global context has raised concerns among Moroccans about an approaching economic crisis.
Rabat – Morocco’s central bank, Bank Al-Maghrib (BAM), reassured Moroccans on Wednesday that the Moroccan dirham currently trades at around MAD 11 per 1, denying speculation suggesting that the Moroccan currency had lost around 70% of its value.
Google’s currency converter experienced a technical glitch on Wednesday night, as it showed the incorrect value of the Moroccan dirham against the US dollar. Google search results showed that the dirham dropped to MAD 17 per $1, while it actually trades at around MAD 10 per $1.
The incident triggered a nationwide panic among Moroccan netizens, who believed that the country’s currency had indeed massively dropped in value. However, Moroccans were relieved to learn that it was a Google error.
In its statement, BAM stressed that it is the “only reliable source” Moroccans should turn to when inquiring about the exchange rates of the Moroccan…
The post Moroccan Dirham: The Geopolitics Behind Google Currency Glitch – Morocco World News first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/01/19/moroccan-dirham-the-geopolitics-behind-google-currency-glitch-morocco-world-news_2023011939467.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.