Moroccan dirham rises against the Euro, drops against the dollar

Moroccan dirham rises against the Euro, drops against the dollar
Sunday 10 October 2021 - 22:01

The Moroccan Dirham rose by 0.36% against the Euro, and dropped by 0.62% against the Dollar, in the period from September 30 and October 6.

According to Bank al Maghrib, outstanding official reserve assets stood at MAD322.1, an increase ofu 1.3% week-on-week and 9.2% year-on-year, while the overall outstanding amount of the central bank’s interventions stands at MAD89.6 billion.

On the interbank market, the average daily volume of trade stood at MAD3.6 billion and the interbank rate during this period stood at 1.5% on average.

On the stock market, the Masi index has appreciated 0.9%, bringing its performance since the start of the year to 15.9%, the central bank concluded.

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