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AL -MAGHRIB bank: the high exchange rate of dirham against the dollar

The dirham appreciates by 0.73% against the dollar
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This article was automatically translated from HIBAPRESS, the Arabic version:

This article was automatically translated from Hibapress, the Arabic version:

Heba Press

Bank Al -Maghrib said that the Dirham exchange rate increased by 0.6% compared to the US dollar, and that it decreased by 0.3% compared to the euro, during the period from May 15 to 21.

Bank Al -Maghrib declared, in its weekly publication, that during this period, there was no call for tenders on the exchange market.

The same source added that official reserve assets amounted to 396.4 billion dirhams, recording a decrease of 0.5% from week to week and an increase of 6.6% on an annual basis.

On an average daily, Bank Al -Maghrib pumped 125 billion dirhams, distributed between 7 days, at a value of 46.5 billion dirhams, long -term re -scales and guaranteed loans, which amounted to 41.3 billion dirhams and 37.2 billion dirhams.

At the market level between banks, the average daily trading volume reached 2.7 billion dirhams, and the average between banks is on average 2.25%.

During the request for tenders on May 21 (date of eligibility for May 22), the central bank pumped 42.6 billion dirhams in 7 days.

Regarding the scholarship, the “Mazi” index increased by 0.1% to do its performance since the start of the year to 22%.

This development, mainly, reflects 15% in “electricity” indicators, 0.9% in “construction and construction materials”, 5.6% in “the food industry” and 0.1% in “Banks”.

On the other hand, the index of “real estate contribution” and “health” and “health” showed a decrease of 4.3% and 3.7%.

Regarding the weekly volume of exchanges, it went from a week to the week, going from 2.6 billion dirhams to 1.9 billion dirhams, which were mainly completed at the central stock market.

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