The Dirham Falls Against the Euro

– byJérôme · 1 min read
The Dirham Falls Against the Euro

The Moroccan dirham appreciated by 0.6% against the US dollar and slightly depreciated by 0.2% against the euro during the period from April 9 to 15, according to Bank Al-Maghrib.

During this period, no auction operations were carried out on the foreign exchange market, indicates the Moroccan central bank in its weekly indicators bulletin.

On Bladi.net : The dirham falls against the euro

Official reserve assets reached 462.5 billion dirhams on April 10, up 0.3% over one week and 20.4% year-on-year.

Regarding the stock exchange, the MASI index advanced 3.5% over the same period, reducing its annual underperformance to 0.5%, Bank Al-Maghrib further indicates.

On Bladi.net : The Moroccan dirham falls against the euro

As for the weekly trading volume, it increased from one week to the next, from 2.6 MMDH to 3 MMDH, realized mainly on the central "Equities" market.