The currency market retains its remaining amount as a 1st monetary policy session at Bank al-MaghriB in 2025, said Attijari Global Research (AGR) in its last weekly sentence. According to the AGR analysts, the Interbank rates with the director rate remain 2.50 % and the Monia rates (average rate with day to day pension company) around an annual average of 2.48 %.
Bank al-Magrib increased its interventions to 148.8 billion DH this week. This is the increase in its progress to 7 days from 2.6 billion DH to 67.0 billion DH. The total amount of LT interventions stabilizes for the 4th week in a row to 81.7 billion DH at the same level. At the end of January 2025, the bank liquidity deficit increases by 125.5 billion DH compared to more than 135 billion DH per month earlier.
According to analysts, however, this deficit drew by more than 15 billion DH in one year. The placement of the Ministry of Finance on the money market has accelerated slightly this week. The average outstanding and boarding lodges reached 12.2 billion DH this week compared to 9.7 billion DH per week.
