Morocco's Official Reserve Assets Up 23.3%

Morocco's Official Reserve Assets Up 23.3%
Monday 13 July 2020 - 11:14

Morocco’s official reserve assets amounted to 291.1 billion dirhams until July 3, 2020, up by 23.3% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 2-8 July, Bank Al-Maghrib injected 103.5 billion dirhams.

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

In the same period, the Dirham remained stable against the Euro and appreciated by 0.76% against the Dollar.

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