Rabat –Bank Al Maghribhas reported that the Moroccan dirham appreciated by 0.62% against the euro but depreciated against the dollar by 0.42% during the period from October 22-28.Official reserve assets stood at MAD 293.7 billion ($31.8 billion) as of October 23, representing an increase of 0.1% over a one week period.Year-on-year, Morocco’s reserve assets are up 23.1%.The central bank injected a total of MAD 104.1 billion ($11.3 billion), of which MAD 40.2 billion ($4.4 billion) came in the form of seven-day advances following a call for tenders.Bank Al Maghribinjected approximately MAD 26.5 billion ($2.9 billion) of the total assets in the form of repo transactions, and MAD 31.9 billion ($
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