Here are five key points from Bank Al-Maghrib (BAM) weekly indicators for the period from April 21 to 27, 2022:
1 – The dirham appreciated by 0.8% against the euro and depreciated by 1.49% against the US dollar.
2 – During this period, no auction operation was carried out on the foreign exchange market.
3 – As of April 22, 2022, official reserve assets stood at 328.9 billion dirhams (MMDH), down 0.1% week-on-week and up 8.2% in year-on-year.
4 – The overall outstanding amount of Bank Al-Maghrib’s interventions stands at 80.5 billion dirhams. 5 – On the interbank market, the average daily trading volume stood at 4.5 billion dirhams.
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