Bank Al-Maghrib reported that the Moroccan dirham depreciated by 0.3 percent against the US dollar and by 0.7 percent against the euro during the week of August 28 to September 3, 2025.
In its weekly bulletin, the central bank confirmed no auction operations were conducted in the foreign exchange market during this period.
Official reserves reached 410.7 billion dirhams as of August 29, rising by 0.3 percent from the previous week and 13.1 percent year-on-year.
Daily central bank interventions averaged 136 billion dirhams, including 59.1 billion in seven-day advances, 40.9 billion in long-term repos, and 36.1 billion in secured loans.
Interbank market activity averaged 3.8 billion dirhams per day, with the interbank rate stabilizing at 2.25 percent. On September 3, Bank Al-Maghrib injected 56.2 billion dirhams in seven-day advances.
On the stock exchange, the MASI index retreated by 0.4 percent over the week, though year-to-date performance remains up 36.4 percent. Declines were noted in “buildings and construction materials” (-3.1 percent) and “banks” (-1.3 percent), while gains were recorded in “real estate development” (+2.1 percent), “transport services” (+1.5 percent), and “metals” (+2.4 percent). Trading volumes increased from 2.1 to 3 billion dirhams, driven mainly by the central equity market.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.