Morocco's Official Reserve Assets Up 22.5%

Morocco's Official Reserve Assets Up 22.5%
Monday 9 November 2020 - 10:25

Morocco’s official reserve assets amounted to 292.7 billion dirhams until October 28, 2020, up by 22.5% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 29 October-4 November, Bank Al-Maghrib injected 106 billion dirhams.

As for the interbank rate, it has remained at 1.5%, the source added in a release.

In the same period, the Dirham appreciated by 0.14% against the Euro and depreciated by 0.15% against the Dollar.

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