Dirham Rises 0.3% Against Dollar

The Moroccan Dirham saw a slight appreciation against the US Dollar and a depreciation against the Euro during the week of August 13 to 19, 2026. According to Bank Al-Maghrib, the central bank, the dirham gained 0.3 percent against the dollar while losing 0.5 percent against the euro.

During this period, no foreign exchange market tenders were conducted. Official reserve assets were reported at 499.6 billion dirhams as of August 13. This figure represents a 0.2 percent decrease compared to the preceding week but shows a substantial year-on-year increase of 22.4 percent.

Bank Al-Maghrib's interventions in the market averaged 150.4 billion dirhams daily. These interventions comprised 7-day advances totaling 55 billion dirhams, longer-term repurchase operations amounting to 47.9 billion dirhams, and secured loans of 47.5 billion dirhams. The interbank market saw an average daily trading volume of 4.2 billion dirhams, with the interbank interest rate holding steady at 2.25 percent.

On the stock market, the Casablanca Stock Exchange's main index, 'MASI', experienced a 0.9 percent increase. This rise helped narrow the year-to-date negative performance to 0.8 percent. The gains were primarily fueled by significant increases in the 'metals' sector, up 5 percent, and 'real estate and promotion' sector, up 5.1 percent. The 'telecommunications' sector also contributed positively with a 3.2 percent rise, alongside a 3.8 percent increase in the 'distributors' sector. Conversely, the 'transport services' and 'insurance' sectors saw declines of 2 percent and 1.3 percent, respectively. Weekly trading volumes on the stock exchange decreased from 1.4 billion dirhams to 726.3 million dirhams.