Casablanca — The Moroccan dirham appreciated by 0.8% against the euro and by 0.3% against the US dollar during the period from May 7 to 13, 2026, according to Bank Al-Maghrib’s latest weekly indicators bulletin.
During the same period, no auction operations were carried out on the foreign exchange market, the central bank said.
Official reserve assets stood at MAD 468.6 billion as of May 8. This marks a 0.2% decrease compared with the previous week, but a 17.7% increase year-on-year.
Bank Al-Maghrib’s interventions reached a daily average of MAD 155.5 billion during the week under review. This amount included MAD 55.4 billion in seven-day advances, MAD 50.3 billion in longer-term repurchase agreements, and MAD 49.7 billion in guaranteed loans. Foreign exchange swap operations accounted for MAD 120 million.
On the interbank market, the average daily trading volume stood at MAD 1.8 billion, while the interbank rate remained at 2.25%.
Following the tender offer of May 13, with a value date of May 14, the central bank injected MAD 62 billion in the form of seven-day advances.
On the Casablanca Stock Exchange, the MASI index fell by 0.2% over the same period. The drop was mainly linked to declines in several sector indices. Banks lost 1.8%, Building and Construction Materials fell by 1.9%, Transport Services dropped by 3.1%, and Healthcare declined by 5.3%.
The Mining index moved in the opposite direction, rising by 15.2%.
Weekly trading volume increased from MAD 934 million to MAD 1.4 billion from one week to the next. The transactions were carried out mainly on the central equity market.
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