Dirham drops against euro, rises against dollar

Dirham drops against euro, rises against dollar
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Sunday 19 March 2023 - 23:22

The dirham dropped by 0.43% against the euro and rose by 0.29% against the US dollar from March 9 to March 15, according to Bank Al-Maghrib (BAM).

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

As of March 10, official reserve assets stood at 360.4 billion dirhams, up 8.2% week-on-week and 7.3% year-on-year, adds the same source.

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