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

The official reserve assets stood at 429.4 billion dirhams (MMDH) as of October 17, up 2.1% from the previous week and 17.9% year-on-year.

In the interbank market, the average daily trading volume was 4.7 MMDH, while the interbank rate remained at 2.25%.

Except for the "pharmaceutical industry" index, which fell slightly by 0.4%, the increase concerned all the indices of the other sectors, with in particular increases of 8.6% for the "Banks" index, 5.7% for "Building and construction materials", 9% for "Transport services", 13.1% for "Real estate participation and promotion" and 7.1% for "Telecommunications".

As for the weekly trading volume, it increased from 1.7 MMDH to 2 MMDH from one week to the next, mainly carried out on the central stock market.