The Central Bank reported that the dirham’s exchange rate declined against the euro by 0.26 percent, and rose by 0.16 percent against the US dollar between November 16 to 22.
The Central Bank explained, in its latest weekly bulletin, that no tender process was conducted in the exchange market during this period.
As of November 17, official reserve assets amounted to 354.6 billion dirhams, an increase of 0.1 percent from one week to another, and an increase of 3.7 percent on an annual basis.
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