Bank Al-Maghrib pumps MAD74 billion during the week

Sunday 30 January 2022 - 19:21

Bank Al-Maghrib said that it pumped an amount of 74 billion dirhams between 23-30 January.

This included 34.1 billion dirhams in the form of seven-day advances based on a request for offers, 22.7 billion dirhams in the form of buy-back operations, and 17.6 billion dirhams in the framework of programs to support the financing of very small, small, and medium enterprises.

During the week, the average daily trading volume amounted to 4.2 billion dirhams, while the banking rate remained stable at an average of 1.50%.

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