Research & Analysis

At the end of the 1st half of 2022, Cosumar recorded an increase in its consolidated revenue of +16% to MAD 5,076 Mn, driven mainly by the Export activity.

The USD/MAD pair appreciated by +0.53% to 10.87 in one week. This can be explaied by the continued appreciation of the Dollar internationally neutralized the improvement in liquidity conditions within the interbank foreign exchange market.

South Africa is the 3rd African nation after Nigeria and Angola to issue a Eurobond since the start of Russia’s war with Ukraine.

The USD/MAD pair continues to follow its uptrend thus reaching a new high of 20 years at 10.8089.  

The upward trend of the USD/MAD parity continues on the foreign exchange market with an increase of +1.47% to 10.7430 this week, i.e. a highest since 2002.

The Dirham depreciated this week against the Dollar because of a double basket-liquidity effect. The USD/MAD pair appreciated by +0.37% to 10.5870 in one week, its highest level seen since 2002.

In a context highlighted by record inflation levels both in Morocco and abroad, listed companies continue to post a sustained growth in their revenue during Q2-22.

The Dirham is depreciating this week against the Dollar in connection with the tightening of liquidity on the foreign exchange market.

Find the evolutions of activity index in casablanca MASI, august 29th, 2022.