
Morocco ready for dirham flexibility
Bank Al-Maghrib (BAM) is well positioned to initiate the transition to a floating dirham. This is what the recent report by Capital Economics, an independent economic research firm based in London, affirms.

Bank Al-Maghrib (BAM) is well positioned to initiate the transition to a floating dirham. This is what the recent report by Capital Economics, an independent economic research firm based in London, affirms.

The Moroccan dirham appreciated by 0.84% against the US dollar and 0.31% against the euro during the period from February 29 to March 6, according to Bank Al-Maghrib (BAM) .

The Moroccan dirham depreciated by 0.27% against the US dollar and 0.38% against the euro between February 22 and 28, according to Bank Al-Maghrib (BAM).

The Moroccan dirham remained almost stable against the US dollar and depreciated by 0.91% against the euro between February 15 and 21, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.46% against the euro and depreciated by 0.19% against the US dollar between February 8 and 14, 2024, according to Bank Al-Maghrib (BAM).

The dirham appreciated by 0.12% against the euro and depreciated by 0.34% against the US dollar between February 1 and 7, 2024, according to Bank Al-Maghrib (BAM).

The Moroccan currency appreciated by 0.45% against the euro and depreciated by 0.24% against the US dollar, during the period from January 11 to 17, according to Bank Al-Maghrib (BAM).

The Moroccan dirham depreciated by 0.45% against the euro and 0.39% against the US dollar during the period from January 4 to 10, according to Bank Al-Maghrib (BAM).

The Moroccan dirham remained almost stable against the euro and appreciated by 1.11% against the US dollar during the period from December 28 to January 3, according to data published by Bank Al-Maghrib (BAM).

The dirham appreciated by 1.34% against the euro and 2.31% against the US dollar during the period from December 21 to 27, according to Bank Al-Maghrib (BAM).

The Moroccan currency depreciated by 0.77% against the euro and 0.89% against the US dollar during the period from December 7 to 13, according to indicators published by Bank Al-Maghrib (BAM) .

The Moroccan currency appreciated by 0.24% against the euro and 0.9% against the US dollar during the period from November 23 to 29, according to Bank Al-Maghrib (BAM) .