HIBAPRESS
Bank of Morocco announced that the dirham has seen a rise of 1.26 percent against the US dollar and 1.39 percent against the euro during the period from October 8 to 14, 2026.
Bank of Morocco clarified in its latest bulletin on weekly indicators that no tenders were conducted in the foreign exchange market during this period.
Official reserve assets reached 515.4 billion dirhams on October 9 of this month, marking a decrease of 0.1 percent week-on-week and a rise of 22.6 percent year-on-year.
Regarding the interventions of Bank of Morocco, they amounted to an average of 148 billion dirhams daily during the period between October 8 and 14. These interventions were distributed among 7-day advances totaling 52.6 billion dirhams, long-term repurchase operations (44.9 billion dirhams), and guaranteed loans (50.5 billion dirhams).
At the interbank market level, the average daily trading volume reached 3.3 billion dirhams, while the interbank rate remained stable at 2.25 percent.
During the tender on October 14, 2026 (due date October 15, 2026), the central bank injected 51.8 billion dirhams in the form of 7-day advances.
