2023-08-12 02:11:00
The dirham appreciated by 3.08% once morest the dollar and by 1.09% once morest the euro between June and July 2023, according to Bank Al-Maghrib (BAM).
As for Bank Al-Maghrib’s foreign currency auction operations with banks, no session has been held since December 2021, the Bank said in its recent monthly review of the economic, monetary and financial situation.
At the level of the interbank market, the volume of exchanges of currencies once morest dirhams stood at 67.9 billion dirhams (MMDH) in June 2023, up 27.8% from one year to another. the same source.
With regard to bank transactions with customers, their volume stood at 31.3 billion dirhams in June for cash purchases and 15.4 billion dirhams for forward purchases, once morest respectively 40.8 billion dirhams and 30.7 billion dirhams a year before.
As for sales, they involved an amount of 33 billion dirhams for cash transactions and 2.4 billion dirhams for those in the long term, following 44.7 billion dirhams and 7.9 billion dirhams respectively.
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