Currency: the Dirham appreciates against the dollar over the period from 20 to 26 July : Orishas-finance

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Currency: the Dirham appreciates against the dollar over the period from 20 to 26 July

02/08/2023

Source : ORISHAS FINANCE

Categories: Economy/Forex

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Currency: the Dirham appreciates against the dollar over the period from 20 to 26 July

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Over the period from 20 to 26 July 2023, Bank Al-Maghrib (BAM) indicated that the Dirham appreciated by 2.1% against the euro and by 0.6% against the US dollar.

From July 20 to 26, 2023 no operation by Old Style”, "serif"">auction was not produced on the foreign exchange market according to information contained in the BAM weekly newsletter. In addition, the BAM indicates that official reserve assets reached, as of July 21, 344.3 billion dirhams, up 0.2% from one week to the next and 5.5% year-on-year

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