The Central Bank (BAM) unveiled its weekly indicators for the period from December 26 to January 1, 2025. The dirham depreciated by 0.5% against the US dollar and by 0.6% against the ‘euro. Furthermore, no auction operations were carried out on the foreign exchange market during this period.
Official reserve assets stood at 375.2 billion dirhams (billion dirhams) as of December 27, 2024, recording a weekly increase of 0.6% and an annual increase of 4.6%. These reserves continue to strengthen the financial stability of the country.
The average daily volume of Bank Al-Maghrib’s interventions reached 156.6 billion dirhams, divided between 72.6 billion dirhams of 7-day advances, 49.6 billion dirhams of repos delivered over the long term, and 34.4 billion dirhams of loans. guaranteed. These measures aim to ensure optimal liquidity within the national banking system.
Finally, during the call for tenders on January 2, 2025, BAM injected MAD 60.2 billion in the form of 7-day advances, demonstrating its commitment to stabilizing the money market and meeting the needs of banks. These figures reflect the continuity of a prudent and balanced monetary policy.
M.Ba.
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