Morocco's Net International Reserves Up 20.6%

Morocco's Net International Reserves Up 20.6%
Monday 4 May 2020 - 12:00

Morocco’s net international reserves amounted to 280.1 billion dirhams until April 24, 2020, up by 20.6% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 23-29 April, Bank Al-Maghrib injected 105.1 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 0.95% against the Euro and by 0.73% against the Dollar.

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