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Morocco: Bank Al-Maghrib's weekly indicators in 5 key points

11/05/2022
Categories: Economy/Forex

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Bank Al-Maghrib delivered the main indicators on the financial and monetary evolution of Morocco in the week of April 28 to May 4, 2022.

 

The institution chaired by Abdellatif Jouahri indicates that during this week, the dirham appreciated by 0.18% against the euro and depreciated by 0.33% against the US dollar. No auction operations (issuance of securities on the financial markets) were carried out on the foreign exchange market during this period.

As of April 29, official reserve assets stood at 329.2 billion dirhams (MMDH), up 0.1% week-on-week and 8.3% year-on-year. During the same period, the overall outstanding amount of Bank Al-Maghrib's interventions amounted to 91.5 billion dirhams. On the interbank market, the average daily trading volume was 4 billion dirhams.

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