Morocco’s Central Bank: Stability in Currency Market and Increase in Reserves During the Last Week of August
The Central Bank of Morocco, in its weekly bulletin covering the period from August 22 to August 27, 2025, revealed various indicators reflecting the developments in the financial and monetary situation of the kingdom, highlighting the state of the currency market, the level of official reserves, and the volume of the bank’s interventions in the market.
The data recorded a rise of 0.2% in the dirham’s exchange rate against the euro, while it fell by 0.5% against the US dollar. The bank noted that no auctions were held in the currency market during this period.
Regarding official reserves, the Central Bank pointed out that the reserve assets reached 409.6 billion dirhams as of August 22, marking a weekly increase of 0.4% and a robust annual growth of 13.2%, indicating a steady improvement in the foreign exchange reserve situation.
In terms of monetary interventions, the average daily volume of the bank’s operations reached 136 billion dirhams, showing a continuation of the monetary market’s dynamic. Furthermore, on August 27, the bank injected 59.1 billion dirhams in the form of seven-day advances.
The Central Bank confirmed that these indicators indicate relative stability in the currency market, alongside the continued strengthening of the kingdom’s reserves, while maintaining its monetary policy aimed at managing liquidity and supporting financial market balances.
