Moroccan dirham gains value against euro

THE Moroccan dirham appreciated by 0.14% against the euro and depreciated by 0.75% against the US dollar during the week of July 18-24, according to Al-Maghrib Bank (BAM).

As of July 19, 2024, official reserve assets stood at 362.2 billion dirhams (MMDH), up 0.2% week-on-week and 5.2% year-on-year, the central bank said.