Friday, November 22

Dirham Appreciated By 1.08% Against Dollar On March 15-21- Central Bank

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Rabat – The dirham has appreciated by 1.08 % against the dollar and depreciated by 0.24 % against the euro during the week of March 15 to 21, Morocco’s central bank, Bank Al Maghrib said.

During the same period, Bank Al-Maghrib’s net foreign assets slumped by 0.4 % to stand at 155.8 billion dirhams.

The outstanding amount of these assets fell by 13.6 % over the same period last year.

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