Bank Al-Maghrib pumps 90 billion dirham

Bank Al-Maghrib said that it pumped 90.6 billion dirhams, including 48.2 billion dirhams in the form of 7-day advances based on a request for proposals, 21.7 billion dirhams in the form of buy-back operations, and 20.8 billion dirhams in the framework of the program to support the financing of Small and medium enterprises. 

At the level of the banking market, the same source recorded that the average daily trading volume stabilized at 3.9 billion dirhams, while the banking rate during this period averaged 1.50%.

During the call for proposals on April 20  Bank Al-Maghrib pumped 39.3 billion dirhams in the form of 7 days advances for