The Bank of Morocco’s latest report reveals that the dirham strengthened by 0.84 percent against the US dollar and by 0.31 percent against the euro for the week spanning February 29 to March 6.
According to Bank Al-Maghrib’s weekly bulletin, no tender process took place in the exchange market during this period.
Official reserve assets, as reported by the same source, reached 361.5 billion dirhams on March 1, marking a weekly increase of 0.9 percent and an annual rise of 8.6 percent.
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