Bank Al-Maghrib: Moroccan Dirham Appreciated Against Dollar by 0.36% ...Morocco

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Bank Al-Maghrib: Moroccan Dirham Appreciated Against Dollar by 0.36%
source : Marocpress ( Morocco ) () 22
Rabat – Morocco’s central bank, Bank Al-Maghrib, announced that the Moroccan dirham appreciated against the US dollar by 0.36% from November 20-25.The Moroccan dirham, however, depreciated against the Euro by 0.15% during the same period.The figures are a significant change from last month. Between October 8-14, thebank reported that the Moroccan dirham appreciated by 0.62% against the Euro and by 0.45% against the US dollar.Meanwhile, the stock of Morocco’s official reserve assets stood at MAD 292.8 billion ($32.25 billion) as of November 20, representing an increase of 0.5% over a seven-day period.The number also represents an increase of 24.2% on a yearly basis.From November 19-25, Bank A

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