Mad_weekly

MAD Insights august 4th, 2022

The dirham depreciated against its benchmark basket following the sharp deterioration in liquidity in the interbank foreign exchange market. Attests to this the restrictive MAD liquidity effect of 0.64%. To this effect, the USD/MAD pair appreciates by +0.29% to 10.2880.

Mad_weekly

MAD Insights - july 29th, 2022

The Dollar depreciated against the Dirham this weekby -1.74% to 10.2579. This favorable variation for the Dirham is explained by a double basket effect of -0.63% following the rebound of the Euro internationally and a liquidity effect of -1.11%.

Mad_weekly

MAD Insights - july 21st, 2022

The Dollar appreciated strongly against the Dirham this week by +2.58% to 10.4395, driven by a double basket effect of +0.55% and a liquidity effect of  +2.03%.

Mad_weekly

MAD Insights - july 8th, 2022

The USD/MAD parity appreciated this week by +0.08% to 10.0348 driven by a significant basket effect of +0.43%. The latter is linked to the rise of the dollar internationally.

Mad_weekly

MAD Insights - june 30th, 2022

The USD/MAD parity depreciated this week by -0.48% to 10.0264 penalized by a double basket and liquidity effect.

Mad_weekly

MAD Insights - june 24th, 2022

The USD/MAD parity appreciated this week by +1.63% to 10.0746, driven by a double basket and liquidity effect.

sondage_taux

Morocco Key Rate Expectations - June. 22

During our survey conducted in June, we identified investors' expectations regarding the evolution of the Moroccan central bank key rate during its 2nd monetary policy meeting in Q2-22.

Mad_weekly

MAD Insights - june 16th, 2022

Despite an expansive market effect for the MAD, the latter depreciated this week against the USD after three successive weeks of appreciation. Indeed, the USDMAD pair thus rose by +0.53% to 9.9135.

Mad_weekly

MAD Insights - june 10th, 2022

The MAD appreciated this week against the USD for the third week in a row thanks to a liquidity effect of -0.27%. This effect contributes more than 60% to the variation of the USD/MAD pair, which depreciated by -0.44% to 9.86 this week.