The Moroccan dirham appreciated by 0.2 percent against the euro and 0.9 percent against the US dollar between May 29 and June 4, according to Bank Al-Maghrib.
No foreign exchange auctions were conducted during this period.
Official reserve assets rose slightly to 401.9 billion dirhams, up 0.3 percent from the previous week and 8.4 percent year-on-year.
Bank Al-Maghrib’s daily interventions averaged 125.7 billion dirhams, including seven-day advances (47.3 billion), long-term repurchase agreements (44.6 billion), and guaranteed loans (33.9 billion). The average interbank rate remained at 2.25 percent, with a daily volume of 2.4 billion dirhams.
On June 4, the central bank injected 51.9 billion dirhams via seven-day advances.
On the stock market, the MASI index rose by 3.6 percent over the week, pushing year-to-date performance to 26.2 percent. Gains were led by transport services (up 9.3 percent), real estate (9.5 percent), and electricity (7.7 percent), as weekly trading volume increased from 1.7 to 2.7 billion dirhams.
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