فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
A recent report by Attijari Global Research (AGR) revealed that the dollar-dirham exchange rate witnessed a notable increase during the week from November 11 to 15, rising by 1.06% from 9.88 to 9.98 dirhams per dollar, marking its highest level in five months.
The financial institution’s weekly report explained that this increase was primarily attributed to a positive basket effect of 1.22%, linked to the strengthening of the dollar against the euro during this week. Meanwhile, the market effect remained relatively limited at -0.16%, indicating a slight impact in favor of the dirham.
The dirham’s liquidity spreads decreased by 16 basis points to reach -1.03% during this week. Despite the end of the summer season, strong export flows helped maintain these spreads in negative territory. However, experts expect these spreads to gradually increase over the next three months.
The report indicated that the downward trend in the EUR/USD exchange rate reflects new financial market expectations. In light of these developments, AGR recommended that exporters hedge their foreign currency operations over the next three months.
