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Keywords: Dirham


Moroccan dirham weakens against Euro and US dollar in early March

The Moroccan dirham weakened against major currencies during the first week of March, according to weekly indicators released by Bank Al-Maghrib. Between March 5 and 11, the dirham depreciated by 0.5% against the Euro and 0.8% against the United States dollar,......

Morocco tests digital dirham for cross-border payments

Morocco has begun cautious but concrete trials of a central bank digital currency, as Bank Al‑Maghrib pilots a digital dirham for peer‑to‑peer and cross‑border transactions. Governor Abdellatif Jouahri has described the initiative as a strategic, gradual shift in payment infrastructure, supported......

Dollar/Dirham pair declines 0.56% at end of December 2025

The dollar/dirham exchange rate depreciated by 0.56% during the week of December 22–26, 2025, moving from 9.17 to 9.11, according to Attijari Global Research (AGR). This decline was influenced by a combination of factors, including a -0.4% basket effect linked to the dollar’s depreciation......

Moroccan dirham strengthens against the dollar but weakens versus the euro

The Moroccan dirham recorded mixed movements on the foreign exchange market during the week from December 18 to 24, 2025, according to data released by Bank Al-Maghrib. Over this period, the national currency appreciated against the US dollar while showing a slight decline against the euro. Central......

Moroccan Dirham sepreciates 0.6% against Dollar and Euro

Rabat, October 18, 2025 — The Moroccan dirham depreciated by 0.6% against both the U.S. dollar and the euro during the week of October 9–15, 2025, according to Bank Al-Maghrib (BAM). No foreign exchange auctions were conducted over this period, BAM reported in its latest weekly indicators......

Moroccan Dirham appreciates against Euro (October 2–8, 2025)

The Moroccan dirham appreciated by 0.7% against the euro while depreciating by 0.3% against the U.S. dollar during the period from October 2 to 8, 2025, according to Bank Al-Maghrib (BAM). During this period, no auction operations were conducted on the foreign exchange market, BAM noted in its latest......

Dirham depreciation, strong reserves, and significant stock market correction (BAM)

The Moroccan dirham depreciated by 0.4% against the euro and by 0.5% against the US dollar between September 25 and October 1, 2025, according to the latest weekly report from Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out. Official reserve assets......

Weekly Performance: Dirham rises while MASI declines

During the week of September 4–10, 2025, the Moroccan dirham appreciated by 0.6% against the US dollar and 0.2% against the euro, according to Bank Al-Maghrib (BAM). No foreign exchange auction operations were conducted during this period, BAM noted in its weekly economic indicators bulletin. Official......

Morocco's digital leap: e-Dirham aims to modernize finance and boost regional influence

Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......

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