The dirham should appreciate against the dollar within 3 months

The dirham should appreciate against the dollar over the next 1, 2 and 3 months, according to the “Weekly Mad Insights – Currencies” note from Attijari Global Research for the period from 12 to 16 September.

“Due to the liquidity conditions on the foreign exchange market, we have revised downwards our forecasts of the USD/MAD at horizons 1 and 2 months. Faced with the spot rate, the MAD should appreciate against the dollar over the next 1, 2 and 3 months,” indicates AGR.

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