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

Here are five key points of Bank Al-Maghrib (BAM) weekly indicators for the period from June 30 to July 06, 2022:

– The dirham appreciated by 2.66% against the euro and depreciated by 0.65% against the US dollar.

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

– As of July 1, 2022, official reserve assets stood at 327.4 billion dirhams, up 1% week-on-week and 8.7% year-on-year.

– The overall outstanding amount of Bank Al-Maghrib’s interventions stands at 109.1 billion dirhams.

– On the interbank market, the average daily volume of trade stood at 2.1 billion dirhams and the interbank rate stood at 1.5%.


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