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Currency: The Dirham depreciates by 0.3% against the dollar

08/09/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The Dirham depreciated by 0.3% against the American dollar and by 0.7% against the euro during the week from August 28 to September 3, 2025, according to Bank Al-Maghrib (BAM). During during this period, no tendering operations were carried out on the Foreign exchange market, says BAM in its recent indicator bulletin weeklies.

Official Reserve Assets (AOR) were established at 410.7 billion dirhams (BMDH) as at August 29, up 0.3% from one week to the other is 13.1% year-on-year, says the same source.

Regarding the volume of interventions by BAM, it was calculated, from August 28 to September 3, at 136 billion MAD on a daily average, distributed between 7-day advances (MAD 59.1 billion), pensions delivered over a longer term (MAD 40.9 billion) and guaranteed loans (MAD 36.1 billion).

On the interbank market, the daily volume The average trading rate was 3.8 billion DH and the interbank rate was at 2.25% on average

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