Morocco's Official Reserve Assets Up 5.4%

Morocco's Official Reserve Assets Up 5.4%
Sunday 6 June 2021 - 13:49

Morocco’s official reserve assets amounted to 304.5 billion dirhams on May 28, 2021, up by 5.4% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 27 May-2 June, 2021, Bank Al-Maghrib injected 77.8 billion dirhams.

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

In the same period, the Dirham appreciated by 0.24% against the Euro and depreciated by 0.29% against the US Dollar.

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