Home » Economy » Moroccan Dirham Gains Value: Bank Al-Maghrib Reports 0.24% Appreciation Against Euro and 0.9% Against US Dollar

Moroccan Dirham Gains Value: Bank Al-Maghrib Reports 0.24% Appreciation Against Euro and 0.9% Against US Dollar

by Alexandra Hartman Editor-in-Chief

2023-12-03 09:33:39
By The Economist | 03/12/2023 – 10:39 | Share

The dirham appreciated by 0.24% once morest the euro and 0.9% once morest the US dollar during the period from November 23 to 29, according to Bank Al-Maghrib (BAM). During this period, no auction operations were carried out on the foreign exchange market, indicates BAM in its weekly bulletin. As of November 24, official reserve assets stood at 353.4 billion DH, down 0.3% from one week to the next and up 3.5% year-on-year.

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