During this period, no auctions were conducted in the foreign exchange market, Bank Al-Maghrib said in its recent weekly bulletin.

As of January 20, 2023, official reserve assets stood at 334.6 billion dirhams, up 1.4% week-on-week and 1.7% year-on-year, BAM said.

Over the same period, the issuing institution injected an amount of 43.6 billion dirhams in the form of 7-day advances on tender.

Source: Agency Morocaine De Presse