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Morocco: the dirham and weekly monetary indicators

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Dirham gains 0.9% against the dollar in the week to 4 November

Bank Al-Maghrib data reported on 5 and 6 November 2026 show the dirham appreciating 0.9% against the dollar and depreciating 0.2% against the euro between 29 October and 4 November.

Illustration of Moroccan dirhams.
Moroccan dirham, archive image dated 21 December 2021. Maroc 2022 / Wikimedia Commons, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ ; unchanged. — Maroc 2022 / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ — 21 décembre 2021, sans modification.

Official reserve assets are put at MAD 514.8 billion as of 30 October, unchanged over a week and up 19.4% year on year.

The reports also describe central bank interventions averaging MAD 149.3 billion a day during the period. On the interbank market, average daily trading amounted to MAD 2.9 billion and the rate stood at 2.25%.

These figures cover specific statistical periods. The currency movements are not a retail exchange quote for 6 November.

Sources 3