Research & Analysis

This evolution is mainly explained by a positive basket effect. This comes out at +0.53% after the appreciation of the Dollar against the Euro this week. The market effect, for its part, comes out to less significant at -0.05%, i.e. a marginal impact in favor of the Dirham.

The USD/MAD pair appreciated this week by +1.00% from 9.81 to 9.91.This evolution is driven by a double positive effect. On the one hand, a basket effect of +0.54% related to the strengthening of the Dollar this week. The market effect also comes out positive at +0.46% in favor of the Dollar.

At the origin of this development, a double "market - basket" effect in favor of the Dirham. In more detail, the basket effect stands at -0.44% and the market effect stands at -0.18% due to the significant easing of liquidity conditions on the foreign exchange market.

EUR/USD is trading close to 1.10, up +0.51% from 1.086 a week earlier.

The USD/MAD pair depreciated this week by -0.22% to 9.97 compared to 9.99 a week earlier.At the origin of this development, a positive basket effect of +0.03% linked to the low volatility of the EUR/USD parity this week. The market effect, for its part, came out negative at -0.25% in favor of the dirham.

EUR/USD depreciated this week to 1.0801 from 1.0848 the previous week.

The Dollar depreciated against the Dirham this week to 10.03 against 10.06, i.e. a variation of -0.33%.This evolution is explained by a double negative. On the one hand, a liquidity effect of -0.24%, which led to an appreciation of the Dirham against several foreign currencies this week.

The Dollar depreciated against the Dirham this week to 10.06 against 10.12, a variation of -0.54%.This evolution is explained by a basket effect of -0.21% related to the depreciation of the Dollar this week and a liquidity effect of -0.33% in favor of the Dirham.

The Dollar appreciated against the Dirham this week to 10.14 against 10.02, i.e. a variation of +1.23%. We recall that the previous week's quote for this exchange rate dates from Tuesday.