Morocco · Story · Markets
Moroccan Dirham depreciation and banking liquidity issues
The Moroccan dirham has weakened against major currencies, impacting import costs, while banking liquidity needs have risen significantly.
No new coverage since 10 October 2026.
The story so far as of 10 October 2026
On October 4, 2026, it was reported that the Moroccan dirham weakened against the euro and dollar for the fifth consecutive week, surpassing 11 dirhams per euro. By October 6, the dirham continued to depreciate, with the euro appreciating by 3.9% and the dollar by 6.9% since August 31, attributed to increased demand for foreign currencies and a widening trade deficit. On October 10, Bank Al-Maghrib reported that average weekly banking liquidity needs rose to 136.5 billion MAD in September, up from 133.1 billion MAD in August, indicating increased liquidity pressures on banks.
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Coverage, day by day
- Companies
Banking Liquidity Needs Rise to 136.5 Billion MAD
Impact Banks face increased liquidity pressures, affecting their lending and operational strategies.
Sources: Alyaoum24 ↗
- Markets
Dirham weakens against euro and dollar
Impact Importers face higher costs as the dirham weakens against key foreign currencies, affecting trade balances.
Sources: Hespress ↗
- Markets
Dirham weakens against euro and dollar
Impact Importers face higher costs for goods priced in euros and dollars due to the dirham's depreciation.
Sources: Hespress ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.