BAM’s weekly indicators in 5 key points

Here are the five key points of the weekly indicators of Bank Al-Maghrib (BAM) for the period from February 11 to 17, 2021:

1 – The dirham appreciated by 0.22% against the euro and depreciated by 0.28% against the US dollar.

2 – As of February 12, 2021, the stock of official reserve assets stood at 312.9 billion dirhams (billion dirhams), up 0.1% from one week to the next and 25.9 % year-on-year.

3 – The overall outstanding amount of Bank Al-Maghrib interventions is 70.8 billion dirhams, including 24.6 billion dirhams in the form of 7-day advances on call for tenders, 15.5 billion dirhams in the form of repo operations delivered, 26.7 billion dirhams within the framework of the financing support programs of the TPME and 4 billion dirhams for the exchange swap operations.

4 – On the interbank market, the average daily volume of exchanges stood at MAD 4.9 billion and the interbank rate stood at 1.5% on average.

5 – On the stock market, the Masi recorded a decline of 0.4%, bringing its annual performance to 2.1%

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