“Bank Al-Maghrib Bulletin: Weekly Exchange Rate Updates and Reserve Asset Report”

2023-04-23 13:20:16

By The Economist| On 04/23/2023 – 14:20 | Share

The dirham remained almost stable once morest the euro and appreciated by 0.14% once morest the US dollar during the week from April 13 to 19, according to Bank Al-Maghrib (BAM). During this period, no auction operation was carried out on the foreign exchange market, indicates BAM in its bulletin on its weekly indicators. As of April 14, official reserve assets stood at 360.5 billion dirhams, down 0.3% week-on-week and up 9.5% year-on-year, the central bank elsewhere.

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