dirham gains value against euro


Thus, during the week of April 11 to 17, 2019, the Moroccan currency appreciated 0.09% against the euro and 0.41% against the dollar, says Bank Al-Maghrib in its note on weekly indicators.

The central bank also states that no auction was conducted on the foreign exchange market, noting that net international reserves totaled Dhw 225.9 billion, a decrease of 0.3% over the previous year. in the previous week, while they fell 1.8% year on year.

In addition, Al-Maghrib Bank injected a total of 77.7 billion dirhams, of which 75 billion dirhams in the form of 7-day advance bidding and 2.7 billion dirhams under the program. support for small and medium-sized enterprises (TMPE).

As for Masi (Casablanca Stock Exchange), it rose 0.9% between April 11 and 17, but continued to fall 2.4% since the beginning of the year.


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