Morocco's Net International Reserves Up 26.7%

Morocco's Net International Reserves Up 26.7%
Monday 20 April 2020 - 10:02

Morocco’s net international reserves amounted to 286.3 billion dirhams until April 10, 2020, up by 26.7% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 9-15 April, Bank Al-Maghrib injected 86.7 billion dirhams.

As for the interbank rate, it has remained at 2.01%, the source added in a release.

In the same period, the Dirham appreciated by 0.40% against the Dollar and remained stable against the Euro.

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