Virtual currency exchange in Morocco
On April 18, 2021, the global virtual money market plummeted, and the cryptocurrency market experienced the most serious slump in history. On a 24-hour basis, bitcoin has plummeted by more than 16%, Ethereum has plummeted by nearly 20%, coin an has plummeted by 17%, and reborn has fallen by 26%. Within one day, more than 620000 people were liquidated, and the amount of liquidation exceeded US $5579 million. Brian bull, CEO of coinbase, a virtual currency exchange; Armstrong sold $290 million of the company's shares, bringing the total market value of its insiders to more than $4.6 billion. In addition, alexia & middot, the chief financial officer of coinbase; Haas cashed out about $99.32 million at $388.73
it is reported that the ability of cloud computing is to split the mining machine into independent units. The mine provides mining machine computing power leasing services. Investors only need to purchase the calculation contract to & lt; Cloud mining;, Get the corresponding virtual currency. On several cloud computing platforms, it is found that the rate of return declared by each platform is not low, and some annual rates of return even exceed 100%. At the same time, cloud computing capacity is also facing huge risks. In the absence of third-party guarantee and supervision, cloud computing capacity sometimes faces huge risks
Moroccan dirhams are the current currency of Morocco. Dirhams are issued by its central bank and foreign exchange control by safe of the Ministry of finance. The denominations of Moroccan dirhams are: 5, 10, 50, 100, 200 dirhams, and 1, 2, 5, 10, 20, 50 and 1 dirhams. Auxiliary city and carry 1 Dirham is equal to 100 points (centimes)
Morocco used to use Moroccan francs, equivalent to French francs. On October 17, 1959, Morocco issued a new currency, the Moroccan dirhams. The official exchange rate was set at 5.06049 Moroccan dirhams per US dollar, and the Moroccan francs were recovered at the ratio of 1:100.
Internet search "Morocco"

the latest exchange rate of the current period:
1 Moroccan dauram = 0.6790 RMB
1 RMB = 1.4728 Moroccan dauram
3000 Moroccan dauram = 2034.588 RMB
CMME is the most representative comprehensive futures exchange in Africa. In 2017, the Ministry of economy and finance of the kingdom of Morocco, together with 27 suppliers of crude oil, cocoa and timber from Africa, the European Union and China and three international banks, initiated the establishment of the China Morocco commodity futures exchange. It was officially established in June 2018, and launched the standard futures contract and implemented the margin system. The China Morocco commodity futures exchange has scientifically classified the futures market in line with the current situation.
business scope: futures trading, securities trading, foreign exchange trading, digital currency trading, fund sale, financial asset management and other all financial qualifications
Chinese Name: China Morocco Mercantile Exchange
foreign name: China Morocco Mercantile Exchange
region: Morocco
time of establishment: 2018
in order to meet the demand of Global trade and economic growth, CMME launched CMME electronic trading system and established CMCC for futures clearing business. The establishment of CMCC futures clearing system improves the efficiency of exchange business and margin capital, and benefits futures dealers and end users of futures procts
CMME's main role is to provide customers with a transparent and more liquid contract market. The role of the market is price discovery, risk management and investment, so that trade suppliers, trade purchasers, financial service providers, international trading institutions and other indivials or institutions can manage price, interest rate and exchange rate risks through the hedging process. Hedging is the operation of offsetting the inherent price risk of spot market position by holding equal but opposite positions in futures market. Hedgers use CMME futures market to protect their business to avoid the adverse impact of adverse price changes on their earnings
the futures market also allows global speculators to explain and use economic data, news and other information to determine the trading price and whether to enter the market as investors. Investors fill the gap of hedger's bid and ask price, so the market has higher liquidity and cost efficiency. All kinds of market participants have different opinions and access to different market information. The transactions of market participants lead to price discovery and provide benchmark price
section introction
currency futures and spot sector
jointly built with more than a dozen authoritative banks in the world, which provide liquidity and engage in spot futures brokerage business
commodity futures sector
set up online independent futures varieties, such as African crude oil (afoil) and African cocoa (AFCC), at the same time, cooperate with world-famous futures exchanges to launch high liquidity varieties and engage in brokerage business
CMME is a self-management, self-monitoring, neutral, non-profit and non listed company providing services for members and indivials. CMME has several different memberships. Members with different memberships can participate in all or part of the market listed on the exchange. Full members of CMME can participate in the trading of all contracts of the exchange< China's br China China one belt, one road one belt, one road group, established in Morocco, has played an important role in the export trade of Chinese enterprises under the Sino US trade war. Morocco and Europe and the United States have free trade agreements. After entering the Chinese enterprises, they enjoy free tariff agreements and zero tariffs, and open up a new channel for Chinese enterprises in the trade war. Relying on the development of China and Morocco commodity futures exchange, the establishment of African trade clearing center and pricing center is just around the corner
there is still a great prospect for strategic development, you know, support!
