✉news BusinessBanking first seen 3 h ago, last 1 h ago, peak #33
Moroccan dirham slips against dollar and euro
Original: Dirham falls 1.5% against dollar, 0.3% against euro in one week
The Moroccan dirham has lost ground over the past week, falling 1.5% against the US dollar and 0.3% against the euro. The decline is being reported by Moroccan financial media, and observers are watching whether the currency's weakness continues and what it could mean for import prices and the wider economy.
Why now: A week of noticeable currency depreciation against Morocco's two main trading currencies is drawing attention from investors and the public.
Evidence
- Dirham falls 1.5% against dollar, 0.3% against euro in one week · HESPRESS English - Morocco News
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