Morocco's Official Reserve Assets Up 25.5%

Morocco's Official Reserve Assets Up 25.5%
Monday 14 September 2020 - 10:42

Morocco’s official reserve assets amounted to 296.9 billion dirhams until September 4, 2020, up by 25.5% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 3-9 September, Bank Al-Maghrib injected 106.2 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 0.67% against the Euro and depreciated by 0.21% against the Dollar.

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