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Source:
فبراير.كوم
Moroccan dirham gains against dollar and euro
The Moroccan national currency, the dirham, experienced a positive performance during the week from July 30 to August 5, 2026, with its value increasing by 0.8% against the dollar and 0.6% against the euro. This appreciation occurred without direct intervention from the Central Bank, which confirmed that the improvement resulted from a balance between supply and demand in the market. Additionally, Morocco's official foreign exchange reserves saw a slight increase of 0.2%, reaching 498 billion dirhams at the end of July, supported by a strong annual growth rate of 22.7%, reinforcing the country's capacity to withstand external shocks. The Central Bank injected an average of 149.3 billion dirhams daily to ensure liquidity stability, with the banking system maintaining stability at an interest rate of 2.25%, preserving the stability of credit and banking operations.
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