The USD/MAD pair will lose value from January 6th to January 10th, 2025

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By The Economist | 01/17/2025 – 4:00 p.m. | share
The USD/MAD pair will lose value from January 6th to January 10th, 2025

The USD/MAD pair decreased by 0.29% from 10.10 to 10.07 between January 6 and 10, 2024, mainly due to a negative market effect of -0.36% for the dirham.

The basket effect was slightly positive (+0.07%) against the background of the international strengthening of the dollar. Dirham liquidity spreads continued to improve, reaching -1.78%.

Thanks to export flows, these spreads were kept in negative territory. In 2024, Morocco welcomed a record 17.4 million tourists. Due to the uncertainty in the foreign exchange market, AGR recommends exporters to hedge their transactions for 3 months.





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