Dirhram steady against euro, rises against dollar

Dirhram steady against euro, rises against dollar
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Monday 24 April 2023 - 00:43

The dirham remained almost steady against the euro while experiencing a 0.14 percent rise against the US dollar in the period between April 13 and 19, according to the latest weekly indicators released by Bank Al-Maghrib.

The report noted that no bidding process took place in the exchange market during that time. The official reserve assets, as of April 14, 2023, amounted to 360.5 billion dirhams, marking a 0.3 percent decrease on a weekly basis and a 9.5 percent increase on an annual basis.

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