
Moroccan Dirham Strengthens Against Euro and Dollar, Reserves Rise
The Moroccan currency gained value against the euro and the dollar during the week of July 20 to 26, 2023, according to figures released by Bank Al-Maghrib (BAM).

The Moroccan currency gained value against the euro and the dollar during the week of July 20 to 26, 2023, according to figures released by Bank Al-Maghrib (BAM).

The Moroccan dirham appreciated by 0.48% against the US dollar and depreciated by 1.56% against the euro, during the week from July 13 to 18 current, according to data published by Bank Al-Maghrib (BAM) .

The Moroccan dirham strengthened in June, posting a 0.54% increase against the dollar and a 0.84% increase against the euro, according to data published by Bank Al-Maghrib (BAM).

The Moroccan currency depreciated by 1.54% against the euro and 0.27% against the US dollar, during the week from July 6 to 12, according to Bank Al-Maghrib (BAM).

The dirham appreciated, during the week from June 28 to July 05, by 1.97% against the US dollar and by 1.33% against the euro, according to data published by Bank Al-Maghrib (BAM).

The Moroccan currency appreciated by 0.7% against the US dollar and 1.21% against the euro during the week of June 22 to 28, according to data provided by Bank Al-Maghrib (BAM).

The dirham appreciated by 0.98% against the US dollar and remained almost stable against the euro during the week of June 15 to 21, according to Bank Al-Maghrib (BAM).

The Moroccan currency appreciated by 0.69% against the US dollar and depreciated by 0.14% against the euro, during the week from June 8 to 14, according to data published by Bank Al-Maghrib (BAM).

The Moroccan currency appreciated by 1.25% against the euro and 0.44% against the US dollar during the week of May 25 to 31, according to Bank Al-Maghrib (BAM).

During the week of May 18-24, the Moroccan currency remained almost stable against the euro and depreciated by 0.68% against the US dollar, according to data provided by Bank Al-Maghrib.

The Moroccan currency depreciated by 0.12% against the euro and 1.16% against the US dollar, during the period from May 11 to 17, 2023. This is according to the indicators published by Bank Al-Maghrib (BAM).

The Moroccan currency appreciated by 0.58% against the euro and depreciated by 0.23% against the US dollar, during the period from May 4 to 10, 2023. This is specified in the indicators published by Bank Al-Maghrib (BAM) .