Rabat – November 22, 2025
The Moroccan dirham witnessed a notable strengthening in its value during the week extending from November 13 to 19, 2025, rising by 0.4% against the US dollar and 0.3% against the euro, according to data from Bank Al-Maghrib (BAM) in its weekly economic indicators bulletin. In the absence of issuance operations on the foreign exchange market, official reserve assets reached 432.3 billion dirhams (MMDH) as of November 14, up 0.1% weekly and 19.3% year-on-year.
Bank Al-Maghrib Operations and Financial Market
The volume of Bank Al-Maghrib operations during this period reached 143.7 MMDH, distributed as follows:
- 68.7 MMDH in 7-day advances.
- 42.1 MMDH in long-term temporary rental operations.
- 32.9 MMDH in secured loans.
As for the interbank market, the average daily transaction volume returned to 3.4 MMDH, with an interbank interest rate of 2.25%. In the issuance operation on November 19 (with value date November 20), the central bank injected 69.6 MMDH as one-week advances.
Stock Market Performance
The MASI index fell by 2.5% during the week, limiting its annual performance to 23.2%. The decline encompassed most sectors, with the following decreases:
- 3.3% in the “Buildings and Construction Materials” sector.
- 1.3% in the “Banks” sector.
- 5.8% in the “Health” sector.
- 4.6% in the “Mining” sector.
- 2.1% in the “Transportation Services” sector.
As for weekly transaction volume, it decreased from 1.3 MMDH to 680.9 million dirhams (MDH), concentrated mainly on the central stock market.
This weekly report from Bank Al-Maghrib is an indicator of the dirham’s stability amid global fluctuations, with the need to monitor financial market performance given sectoral declines. Full details can be accessed through the official bulletin on the Bank’s website.
فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة