Keywords: Foreign exchange market


Moroccan Dirham Falls 1.4% Against the Euro and 2% Against the Dollar

The Moroccan dirham lost ground against both the euro and the US dollar between August and September 2026, according to the latest monthly review published by Bank Al-Maghrib (BAM), highlighting movements in the national currency alongside a sharp annual increase in foreign exchange trading. The central......

Japanese Yen surges amid renewed market speculation over possible currency intervention

The Japanese yen posted a sharp rally against the U.S. dollar on Thursday, briefly climbing nearly 1% before giving back part of its gains, as traders reacted to growing speculation that Japanese authorities could be preparing to intervene in the foreign exchange market. The sudden move came while the......

South Korea and United States agree that excessive won volatility is undesirable

South Korea and the United States have agreed that excessive volatility in the Korean won is undesirable and that both countries will continue close consultations on foreign exchange market developments, according to Seoul’s finance ministry. The agreement was reached during a meeting between......

Morocco’s dirham strengthens against dollar, slips slightly versus euro in July

The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......

Moroccan currency shows slight movement against major currencies

The Moroccan dirham experienced a minor depreciation of 0.2% against both the Euro and US dollar during the period of January 30 to February 5, according to Bank Al-Maghrib (BAM). This modest decline follows a period of exchange rate stability in the previous week. The central bank's weekly bulletin......