فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
The dollar depreciated against the dirham by 0.47% to 10.02, during the week of April 8 to 12, according to Attijari Global Research (AGR).
This development is driven by a negative basket effect which stands at -0.19%, combined with a greater liquidity effect at -0.28% in favor of the dirham, indicates AGR in its recent “Weekly Mad Insights – Currencies” note.
Liquidity spreads eased by 28 basis points this week, to a level of 1.08%. Originally, export flows which eased the liquidity situation within the interbank foreign exchange market.
Furthermore, AGR indicates that at the international level, the recent inflationary acceleration, deviating further from the 2% target, is strongly fueling volatility on the currency market.
In this sense, AGR analysts recommend that importers reduce the hedging horizons of their dollar operations.
