Bank Al-Maghrib reported that the exchange rate of the dirham rose by 0.29 percent against the euro and 0.77 percent against the US dollar between May 26 and the beginning of June.
In its note on the weekly indicators, the bank indicated that during this period no bidding process was conducted in the exchange market, noting that the official reserve assets stabilized on May 27 at 327.7 billion dirhams, a decrease of 0.1 percent week to week, and up 7.6 percent year on year.
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