The Central Bank stated that the dirham recorded a rise against 10 currencies of the main import partners, by 0.68% during the third quarter of this year, and 1.1% on an annual basis.
The quarterly review report issued by the «Central» indicated that in the third quarter of 2019, the value of dirhams increased against the currencies of the first 10 import partners not linked to the dollar by 0.68% on a quarterly basis, and by 1.1% on a yearly basis, while the decline in the value against currencies The top 10 non-dollar and non-oil exporting partners, 0.11% on a quarterly basis, while rising 0.13% on a yearly basis.
The countries that the dirham rose against its currencies included: China, India, Japan, Germany, the United Kingdom, Vietnam, Italy, France, Switzerland and South Korea.
And «Central» that the bilateral exchange rates reflect the rise in the value of the dirham on a quarterly basis against the pound sterling by 4.25%, the Chinese yuan by 2.88%, the Korean won by 2.44%, the Indian rupee by 1.31%, and the euro by 1.1%.
He added that, moreover, the value of the dirham decreased on a quarterly basis against the Turkish lira by 3.34%, the Egyptian pound by 2.87%, the Japanese yen by 2.35%, the Swiss franc by 1.65%, and the Iraqi dinar by 1.33%, compared to less than a decrease or rise Against these currencies, with the exception of the Egyptian pound, where the percentage of decline on a quarterly basis was greater in the second quarter of 2019.
The countries that the dirham rose against its currencies included: China, India, Japan and Germany
The United Kingdom, Vietnam, Italy, France, Switzerland and South Korea.