Moroccan Dirham falls against US Dollar, remains stable against Euro

Moroccan Dirham falls against US Dollar, remains stable against Euro
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According to a Bank Al-Maghrib (BAM) report, between September 26 and October 2, no foreign exchange auctions were conducted, however the Moroccan Dirham remained stable against the Euro yet depreciated by 1.17% against the US dollar.

According to a Bank Al-Maghrib (BAM) report, during this period, no foreign exchange auctions were conducted. This comes as the primary benchmark of the Casablanca Stock Exchange, the MASI index, fell by 1.8%, bringing its year-to-date performance down to 16%.

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