The Moroccan dirham falls against the euro

During this period, no auction operation was carried out on the foreign exchange market, according to the Moroccan Central Bank’s latest weekly indicator bulletin.

The official reserve assets stood at 431.9 billion dirhams (MMDH) as of November 7, up 0.1% from the previous week and 19.9% year-on-year, the same source said.

On the interbank market, the average daily trading volume was 4.2 MMDH, while the interbank rate stood at 2.25%.

On the stock market, the MASI fell by 3.8% from November 7 to 12, bringing its performance since the beginning of the year to 26.4%.

As for the weekly trading volume, it fell from 1.9 MMDH to 1.3 MMDH week-on-week, mainly carried out on the central equity market.