Rabat, Morocco (TMT)- On the sidelines of the ongoing economic crisis witnessed around the world, the Moroccan Dirham has started the week higher as it appreciated by around 1.3% against the Euro.
Two weeks ago, and before the start of the shutdown in most European countries, the Euro has traded at MAD 10.83 DHS.
Since then, it started depreciating daily, to reach today a low of around MAD 10.5 DHS.
On the other hand, against the USD, the Moroccan dirham has depreciated by almost 2%.
The Moroccan Times.