HIBAPRESS
Bank Al-Maghrib issued the weekly indicators for the period from October 30 to November 5, 2025, which reflected notable developments in the foreign exchange market, reserves, and financial interventions of the central bank.
The Dirham declined against the Dollar. Data showed a 0.8 percent decline in the Dirham's exchange rate against the US dollar, while it recorded a 0.5 percent increase against the Euro, reflecting limited fluctuations in the currency market during the past week. Absence of tenders in the foreign exchange market. During this period, no tender operations were conducted in the foreign exchange market by Bank Al-Maghrib, which indicates relative stability in the demand for foreign currencies. Rise in official reserve assets. As of October 31, 2025, official reserve assets totaled 431.6 billion dirhams, recording a weekly increase of 0.6 percent and a strong annual growth of 19.7 percent, reflecting the strength of the Kingdom's financial position. Central bank interventions. As for the interventions of Bank Al-Maghrib in the money market, they reached 141.5 billion dirhams as a daily average during the mentioned week, within the framework of the bank's endeavor to ensure liquidity and stability of interest rates. Injection of short-term advances. During the request for proposals on November 5, Bank Al-Maghrib injected 61.1 billion dirhams in the form of seven-day advances, with a maturity date of November 7, within the framework of its usual management of banks' liquidity needs.
