Morocco’s central bank reported that the dirham’s exchange rate remained almost stable against the euro, and rose by 1.11 percent against the US dollar, during the period from December 28 to January 3.
Bank Al-Maghrib explained, in its latest weekly bulletin, that no tender was conducted in the exchange market during this period.
The same source highlighted that, on December 29, official reserve assets amounted to 358.9 billion dirhams, an increase of 0.1 percent from week to week, and 6.3 percent on an annual basis.
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