Morocco · Story · Markets
Moroccan Dirham weakens amid rising banking liquidity needs
The Moroccan dirham has weakened against the euro and dollar, while banking liquidity needs have risen significantly in September.
No new coverage since 10 October 2026.
The story so far as of 10 October 2026
On 4 October, the Moroccan dirham weakened against the euro and the dollar for the fifth consecutive week, with the euro surpassing 11 dirhams. On 6 October, it was reported that the dirham continued to weaken, with the euro appreciating by 3.9% and the dollar by 6.9% since 31 August, attributed to increased demand for foreign currencies and a widening trade deficit. On 10 October, 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, while the central bank reduced its total injection operations to 152.5 billion MAD.
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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.