Morocco's Net International Reserves Up 6.4%

Morocco's Net International Reserves Up 6.4%
Monday 30 March 2020 - 17:25

Morocco’s net international reserves amounted to 241.8 billion dirhams until March 20, 2020, up by 6.4% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 19-25 March, Bank Al-Maghrib injected 101.5 billion dirhams.

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

In the same period, the Dirham depreciated by 0.58% against the Euro and by 2.06% against the Dollar.

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