Morocco’s Central Bank reported that the dirham exchange rate recorded a decline of 0.91 percent against the US dollar and by 0.72 percent against the euro during the period from 21 to 27 March 2024.
The Central Bank explained, in its latest weekly bulletin, that no tender process was conducted in the exchange market during this period.
The same source reported that official reserve assets amounted to 361.2 billion dirhams on March 22, 2024, an increase of 0.2 percent from week to week and a decrease of 0.6 percent annually.
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