Morocco's Net International Reserves Up 20.7%

Morocco's Net International Reserves Up 20.7%
Monday 11 May 2020 - 14:22

Morocco’s net international reserves amounted to 280.4 billion dirhams until April 30, 2020, up by 20.7% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 30 April-6 May, Bank Al-Maghrib injected 96.3 billion dirhams.

As for the interbank rate, it has remained at 2%, the source added in a release.

In the same period, the Dirham appreciated by 0.54% against the Euro and by 0.19% against the Dollar.

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