19 Hrs
Source:
الاقتصادية
Moroccan Dirham Falls 1% vs USD
The report concluded that the value of the Moroccan dirham declined by 1% against the US dollar during the week from September 10 to 16, 2026, according to Bank of Morocco data. The foreign exchange market remained stable, and no tenders were carried out during that period. Meanwhile, official reserve assets amounted to approximately 500.2 billion dirhams, a decrease of 0.4% compared to the previous week. It is expected that Bank of Morocco will keep the main interest rate at 2.25% at its scheduled meeting on September 22, with nearly 100% of investors believing that this is the appropriate decision. Data also indicate that the average daily interventions by the central bank amounted to 150 billion dirhams. There is a prevailing expectation of economic growth in Morocco at a rate of 4.2% over the years 2028 and 2029.
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