Sunday, October 11, 2026English edition
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Country risk, from the local press

Morocco · Country watch

Weather Alerts, Banking Liquidity, Dirham Pressure

Severe weather warnings issued; banking liquidity needs rise; dirham depreciation pressures import costs.

The picture Deteriorating

Business conditions in Morocco are deteriorating due to severe weather warnings, increased banking liquidity needs, and dirham depreciation affecting import costs. These factors are likely to impact logistics, finance, and retail sectors in the coming days.

In this briefing Direction Générale de la Météorologie · Bank Al-Maghrib · Moroccan dirham

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

  • logistics
  • agriculture

Severe Weather Alerts Issued for Weekend

a view of a city under a cloudy sky
Gabriel Chen / Unsplash

The Direction Générale de la Météorologie (DGM) has issued an orange alert for severe weather, including thunderstorms, hail, and strong winds, expected on Saturday and Sunday across several provinces in Morocco. Rainfall is anticipated to reach between 25 and 40 mm. This alert is in effect from 13:00 to 23:00 on Saturday, according to La Vie Eco. The affected provinces include Tata and others, with potential impacts on transportation and agricultural activities.

Impact Logistics and agricultural operations face potential disruptions due to severe weather conditions over the weekend.

Sources: La Vie Eco ↗, Aujourdhui ↗

Companies

  • finance

Banking Liquidity Needs Rise to 136.5 Billion MAD

Bank al Maghrib after adding Tifinagh
Bank al Maghrib after adding Tifinagh Bananakingler, CC0 via Wikimedia Commons

Bank Al-Maghrib reports that the average weekly banking liquidity needs increased to 136.5 billion MAD in September 2026, up from 133.1 billion MAD in August. The central bank reduced its total injection operations to 152.5 billion MAD, which includes 57.1 billion MAD in 7-day advances, 47.6 billion MAD in repurchase agreements for 1 to 3 months, and 47.8 billion MAD in refinancing through long-term guaranteed loans, according to Alyaoum24.

Impact Banks face increased liquidity pressures, affecting their lending and operational strategies.

Sources: Alyaoum24 ↗

Markets

  • finance
  • retail

Dirham Depreciation Pressures Import Costs

The Moroccan dirham continues to depreciate against the euro and the dollar, raising concerns about increased import costs. This depreciation affects a vital part of the local economy, potentially leading to higher prices for imported goods, according to Agadir 24. The pressure on import costs could translate into inflationary effects on domestic prices, impacting consumer purchasing power.

Impact Importers face higher costs due to the dirham's depreciation, affecting pricing strategies and consumer prices.

Sources: Agadir 24 ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Morocco

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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