The USD/MAD couple fell by March 17th and 21st from 9.7 to 9.63 by 0.73%, according to Attijari Global Research (AGR).
This depreciation is due to a positive market effect for the dirham of 0.87%, which is associated with an improvement in liquidity on the Interbank exchange market.
The basket effect was also cheap, with an increase of 0.14%. In addition, the dirham liquidity sprows have reduced to -3.03%, which has had its lowest level since February 2022. The dirham continues to appreciate its reference basket since the summer of 2024.
Analysts ensure increased volatility of the currencies and recommend covering their positions for periods of 1 to 3 months.
