Dirham Stability and Reserve Assets Update: A Brief from Bank Al-Maghrib

2023-11-05 10:20:00
By The Economist | 05/11/2023 – 10:20 | Share

The dirham remained almost stable once morest the euro and depreciated by 0.31% once morest the US dollar, during the period from October 26 to November 1, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange market, BAM reported in its recent weekly. Furthermore, as of October 27, 2023, official reserve assets stood at 355.8 billion DH, down 0.2% from one week to the next and up 4.7% year-on-year. , according to the Central Bank.

1699192998
#dirham #stable #euro

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Improving Reproductive Health Awareness: Insights and Messages for a Healthier Future

Harry Kane’s Hat-Trick Helps Bayern Munich Crush Borussia Dortmund in Bundesliga Clash

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.