The dollar has returned to a higher level since mid-July. After a series of declines, the greenback rebounded sharply last week in the wake of restrictive comments from central bankers.

The dollar index (DXY) recovered 2.3% over the period, returning to 108,13, its highest level since July 18, and not far from a high of 108.50 reached in mid-July. In this context, the greenback appreciated against most currencies. It rose to $1.03 against the euro (even reaching parity again on Friday at the session), $1.18 against the pound, and 6.816 yuan. The Chinese currency is at its lowest against the greenback in over two years as the currency trajectory gap continues to widen.

Furthermore, the Moroccan currency, the Dirham, depreciated by 0.90% against the euro by 1.57% against the US dollar, during the period from 11 to 17 August August 2022. This is specified in the indicators published by Bank Al-Maghrib (BAM). With regard to the overall volume of trade, it amounted to 296.8 MDH after 160.8 MDH, a week earlier. As for the average daily volume on the central stock market, it stood at 49.3 MDH compared with 32 MDH the previous week.