MAD Insights - october 14th, 2022
USD/MAD depreciates -0.44% to 10.95 this week. This is due to a double negative Basket/Market effect of -0.24% and -0.20% respectively.
MAD Insights - october 7th, 2022
USD/MAD is up +1.19% to 11.00 this week. This is due to the tightening of liquidity conditions on the Moroccan interbank foreign exchange market.
MAD Insights - september 30th, 2022
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.
MAD Insights - september 22nd, 2022
The USD/MAD pair continues to follow its uptrend thus reaching a new high of 20 years at 10.8089.
MAD Insights - september 16th, 2022
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.
MAD Insights - september 9th, 2022
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.
MAD Insights - september 1st, 2022
The Dirham is depreciating this week against the Dollar in connection with the tightening of liquidity on the foreign exchange market.
MAD Insights - august 25th, 2022
The Dirham has weakened this week against the US Dollar, despite an improvement in the liquidity of the Moroccan interbank foreign exchange market.
MAD Insights - august 19th, 2022
The Dirham appreciated this week against the Dollar thanks to a basket effect of -0.35%. Despite a penalizing market effect for the MAD, the USD/MAD pair fell -0.12% to 10.2943.