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

Here are five key points from Bank Al-Maghrib (BAM) weekly indicators for the period from May 19 to 25, 2022:

1 – The dirham depreciated by 0.36% against the euro and appreciated by 1.07% against the US dollar.

2 – No auction operation was carried out on the foreign exchange market.

3 – As of May 20, 2022, official reserve assets stood at 328.1 billion dirhams (MMDH), down 0.3% week-on-week and up 8.1% in year-on-year.

4 – The overall outstanding amount of BAM’s interventions comes to 88.5 billion dirhams during this period.

5 – On the interbank market, the average daily trading volume stood at 3.9 billion dirhams.

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