Bank Al-Maghrib reported that the dirham's exchange rate declined by 0.27 percent against the euro, and rose by 0.25 percent against the US dollar, during the period from April 22 to 28.
The Central Bank, in its note on the weekly indicators, highlighted that during this period, no bidding process was conducted in the exchange market.
The same source recorded that on April 23, reserve assets reached 30.9 billion dirhams, a decrease of 0.1 percent from one week to another, and an increase of 6.4 percent on an annual basis.
Bank Al-Maghrib added that it pumped a total of 69.3 billion dirhams, of which 25.2 billion dirhams in the form of advances for a period of 7 days based on a request for offers, 15 billion dirhams in the form of repurchase operations, and 29.1 billion dirhams as part of a support program. Financing very small, small and medium enterprises.
At the level of the banking market, the same source recorded that the average daily turnover amounted to 4.3 billion dirhams, while the bank rate stabilized at 1.5 percent on average, pointing out that Bank Al-Maghrib pumped an amount of 30.6 billion dirhams in the form of 7-day advances during a request. Shows for April 28 (due date April 29).
Regarding the stock market, the memo stated that the "Mazi" index recorded an increase of 0.9 percent, to record 4.4 percent since the beginning of the year, indicating that this weekly development is mainly due to the development of the sectoral indicators of "oil and gas" by 4 , 2 percent, "agricultural food" by 2.5 percent, and "banks" by 0.5 percent. Meanwhile, the sectoral indices for “entertainment and hotels” and “communications” declined by 2.8 percent and 1.3 percent, respectively.
The memorandum of Bank Al-Maghrib concluded that the total volume of exchanges increased by 537.1 million dirhams compared to 464.4 million dirhams a week before that, while the average daily volume of exchanges performed in the central stock market reached 107.3 million dirhams, compared to 92.9 million dirhams during the previous week. Preceded him.
From Alyaoum24
0 Comments