This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress
The liquidity of the Dirham maintained a relative stability in February 2025, according to BMCE Capital Global Research (BKGR).
This stability was supported by solid export flows, in particular in the strategic sector of phosphates and derivatives, says BKGR in its recent FX MONTHLY note.
These exports have contributed to preserving the balance of the Dirham in the face of external pressures despite an international context marked by a strengthening of the US dollar, notes the same source.
On the exchange market, the USD/MAD pair depreciated 0.66% over the past period, integrating a basket effect of -0.5375% and a market effect of -0.634%.
