MAD Insights - march 22nd, 2022
The USD/MAD parity rose by +0.21% to 9.70 this week, a 20-month high. At the origin of this depreciation of the MAD, a double positive basket/liquidity effect of +0.04% and +0.17% respectively.
MAD Insights - march 4th, 2022
The depreciation of the Dirham against the Dollar continues this week with an increase in the parity of +1.07% to 9.52. This is a 19-month high.
MAD Insights - february 25th, 2022
The depreciation of the Dirham against the Dollar is confirmed this week through a variation of the parity of +0.92% to 9.42.
MAD Insights - february 17th, 2022
The Dirham depreciated this week against the Dollar as the USD/MAD parity increased by +0.44% to 9.34.
MAD Insights january 21th, 2022
The Dirham appreciated this week against the Dollar at 9.21, i.e. a negative performance of -0.83% of the USD / MAD.
MAD Insights january 17th, 2022
The Dirham continues to depreciate against the Dollar this week at 9.29 by a weekly performance for the first week of 2022 of +0.06%.
MAD Insights january 10th, 2022
The MAD depreciated this week against the greenback in a foreign exchange market marked by significant import flows at the end of the year. The banks foreign exchange position was in negative territory at MAD -3.6 Bn, thus bringing the liquidity spreads to their highest since the end of April 2021.
MAD Insights january 3rd, 2022
The liquidity spread of the dirham, which represents the difference between the reference price of the MAD and its central price, is reduced by +0.7 PBS. It stands this week at -4.23%, a 7-month high, stable from the previous week.
MAD Insights december 23rd, 2021
The liquidity spread of the Dirham, which represents the difference between the reference price of the MAD and its central price, is reduced by 21.8 BPS. This week, the spread stands at -4.23%, a low over the last six months, against -4.45% a week earlier.
