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Morocco will expand the band in which the dirham fluctuates from Monday to 5% either side of a reference price compared with 2.5% previously, the country's finance ministry and central bank said ...
Morocco's dirham barely moved against major currencies and there was little speculative trade as the central bank introduced a more flexible exchange rate on Monday, part of free-market reforms ...
The Moroccan dirham (MAD) appreciated by 3% against the US dollar between February and March 2025, according to the latest Monthly Review of the Economic, Monetary, and Financial Situation ...
Morocco yesterday said it would not devalue its local currency again arguing that a five-per cent devaluation of the dirham in April had achieved the intended positive effect on exchange rates.