Morocco's Official Reserve Assets Up 26.7%

Morocco's Official Reserve Assets Up 26.7%
Saturday 19 September 2020 - 15:13

Morocco’s official reserve assets amounted to 296.9 billion dirhams until September 11, 2020, up by 26.7% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 10-16 September, Bank Al-Maghrib injected 105.9 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 depreciated by 1.02% against the Euro and remained stable against the Dollar.

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