Morocco's Official Reserve Assets Up 3.6%

Morocco's Official Reserve Assets Up 3.6%
Sunday 4 July 2021 - 10:28

Morocco’s official reserve assets amounted to 300.9 billion dirhams on June 25, 2021, up by 3.6% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 24-30 June, 2021, Bank Al-Maghrib injected 80 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 0.25% against the US Dollar.

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