The Financial institution of Morocco reported that the dirham’s alternate fee reduced via 0.7 p.c towards america greenback, and rose via 0.29 p.c towards the euro, all through the duration from 19 to 24 December.
The Financial institution of Morocco defined, in its weekly bulletin, that no delicate procedure used to be carried out within the alternate marketplace all through this era.
The similar supply added that, on December 20, 2024, legit reserve property amounted to 373.1 billion dirhams, recording an building up of 0.9 p.c from week to week, and via 4 p.c on an annual foundation.
Right through the week from December 19 to twenty-five, Financial institution Al-Maghrib pumped, on a day-to-day moderate, 147.5 billion dirhams, dispensed between 7-day advances amounting to 63.5 billion dirhams, long-term repurchase operations amounting to 49.6 billion dirhams, and warranted loans. Within the quantity of 34.4 billion dirhams.
On the interbank marketplace degree, the typical day-to-day buying and selling quantity reached 1.6 billion dirhams, whilst the interbank fee reached 2.5 p.c on moderate.
Right through the request for provides on December 25 (due date December 26), the financial institution pumped an quantity of 72.6 billion dirhams within the type of advances for a duration of seven days.
In regards to the inventory marketplace, the “MASI” index reduced via 1.1 p.c all through the duration from December 19 to twenty-five, bringing its efficiency because the starting of the 12 months to twenty.8 p.c.
This weekly building basically displays declines within the signs of the banking sectors via 0.9 p.c, constructions and development fabrics via 1.9 p.c, and actual property via 3.6 p.c.
However, the indications of the distribution and insurance coverage sectors recorded an building up of 0.8 p.c and three.2 p.c, respectively.
In regards to the weekly quantity of exchanges, it went from one week to any other from 7.8 billion dirhams to roughly 11 billion dirhams, of which 8.8 billion dirhams came about on the degree of the block marketplace for shares, as this marketplace witnessed on December 19, 2024 the alternate of 353,551 stocks of the Moroccan corporate’s stocks. Shipping (CTM) at a unit worth of 800 dirhams.
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