Bank Al-Maghrib Reports 0.77% Depreciation of the Dirham Against Euro and 0.89% Against US Dollar

2023-12-17 10:01:36
By The Economist | 17/12/2023 – 11:07 | Share

The dirham depreciated by 0.77% once morest the euro and 0.89% once morest the US dollar during the period from December 7 to 13, according to Bank Al-Maghrib (BAM).

During this period, no auction operations were carried out on the foreign exchange market, indicates BAM in its weekly bulletin. Furthermore, as of December 8, official reserve assets stood at 357.6 billion DH, recording an increase of 0.8% from one week to the next and 8.2% year-on-year. specifies BAM.

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