BAM's weekly indicators in 5 key points

Here are five key points from Bank Al-Maghrib (BAM) weekly indicators for the period from June 02 to June 08, 2022:

1. The dirham appreciated by 0.21% against the euro and by 0.34% against the US dollar.

2. During this period, no auction operation was carried out on the foreign exchange market.

3. As of June 3, 2022, official reserve assets stood at 324.3 billion dirhams (MMDH), down 1% week-on-week and up 6.8% year-on-year.

4. The overall outstanding amount of BAM’s interventions comes to 87.8 billion dirhams.

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

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