According to Attijari Global Research (AGR), the USD/MAD couple estimated 0.31% to 9.66 during the week from March 24th to 28th, 2025. This development result of a positive basket effect in favor of the dollar of $ 0.35% and an unfair market effect (-0.04%) shows AGR in its last note “Weekly Mad Insights Currictions”.
According to the AGR analysts, the liquidity outbreaks of dirham from -3.9 basis points (PBS) relax to -3.06%, a lower process since February 2022. The dirham has evaluated since the summer time compared to its reference basket. In fact, the Dirham Liquidity Sprats have continued their lower trend since the summer of 2024, which is supported by more important exports than import flows. The customs tasks of the new Trump administration continue to exert pressure on the dollar, states AGR and believes that new mutual customs tasks are expected, but their scope remains uncertain.
For this purpose, according to AGR analysts, which recommend the operator to cover their business in horizons from 1 to 3 months, to expect considerable volatility.
