Bank Al-Maghrib’s latest weekly indicators show a slight appreciation of the dirham and stable monetary operations across key fronts for the period from June 5 to 11.
The dirham gained 0.3 percent against the U.S. dollar while remaining nearly unchanged against the euro. No foreign exchange auctions were conducted during the week.
Official reserve assets stood at 399.8 billion dirhams as of June 6, marking a weekly decline of 0.5 percent but reflecting an 8.3 percent increase year-on-year.
Bank Al-Maghrib’s average daily interventions reached 130.4 billion dirhams. In its June 11 auction, with settlement on June 12, the central bank injected 48.6 billion dirhams in the form of seven-day advances.
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