Morocco's Official Reserve Assets Up 24.8%

Morocco's Official Reserve Assets Up 24.8%
Sunday 30 August 2020 - 12:44

Morocco’s official reserve assets amounted to 294.3 billion dirhams until August 19, 2020, up by 24.8% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 20-26 August, Bank Al-Maghrib injected 112.3 billion dirhams.

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

In the same period, the Dirham appreciated by 0.58% against the Euro and depreciated by 0.44% against the Dollar.

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