The Moroccan dirham falls against the euro

During this period, no auction operation was carried out on the foreign exchange market, BAM reports in its weekly bulletin.

Official reserve assets stood at 360.6 billion dirhams (MMDH) as of November 1, down 0.5% from the previous week and up 1.2% year-on-year.

On the interbank market, the average daily trading volume was 3.9 billion and the interbank rate averaged 2.75%.

On the stock market, the MASI gained 0.8% from October 31 to November 5, bringing its performance since the beginning of the year to 18.2%.

This weekly change reflects in particular the increases in the indices of the "buildings and construction materials" sector by 2.5%, the "transport services" sector by 1.7% and the banking sector by 1.2%.

On the other hand, those of the mining and distribution sectors decreased by 1% and 2.6% respectively.

As for the weekly trading volume, it stood at 1.4 MMDH after 1.5 MMDH the previous week and was mainly carried out on the central equity market.