The dirham appreciated by 2.68% once morest the dollar and depreciated by 1.18% once morest the euro, between November and December 2022, according to Bank Al-Maghrib ( BAM).
As for BAM’s foreign currency auction operations with banks, no session has been held since December 2021, indicates the Central Bank in its Monthly review of the economic, monetary and financial situation of January 2023.
At the level of the interbank market, the volume of exchanges of currencies once morest dirhams stood at 38.1 billion dirhams (MMDH) in December 2022, up by 9.2 billion dirhams from one year to the next. the same source. Regarding bank transactions with customers, their volume amounted to 45.7 billion dirhams for cash purchases and 25.9 billion dirhams for forward purchases, once morest respectively 35.2 billion dirhams and 18.9 billion dirhams a year earlier. .
As for sales, they involved an amount of 42.8 billion dirhams for cash transactions and 13 billion dirhams for those in the long term, following 43.4 billion dirhams and 12.7 billion dirhams respectively.
