Dirham rises against dollar, drops against euro

Dirham rises against dollar, drops against  euro
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Monday 23 January 2023 - 01:19

Bank Al-Maghrib (BAM) indicated that from January 12 to 18, 2023, the dirham appreciated by 0.56% against the US dollar and depreciated by 0.46% against the euro.

In its recent weekly bulletin, BAM specifies that during this period, no auction operation was carried out on the foreign exchange market.

As of January 13, 2023, official reserve assets stood at 329.8 billion dirhams (MMDH), down 1.2% week-on-week and up 0.5% year-on-year , says the Central Bank.

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