Moroccan dirham remains stable against Euro, rises against US Dollar, BAM

Moroccan dirham remains stable against Euro, rises against US Dollar, BAM
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Sunday 4 December 2022 - 10:59

The Moroccan dirham remained almost stable against the euro, while it rose by 0.31% against the US dollar during the period from November 24 to 30, 2022, according to Bank Al-Maghrib (BAM).

During this period, no auctions were held on the foreign exchange market, said BAM in its weekly data.

As of November 25, official reserve assets reached MAD 341.4 billion, down 0.2% week-on-week and up 5.9% year-on-year, added the central bank.

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