Morocco's Official Reserve Assets Up 2.6%

Morocco's Official Reserve Assets Up 2.6%
Monday 26 April 2021 - 10:20

Morocco’s official reserve assets amounted to 304.2 billion dirhams until April 16, 2021, up by 2.6% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of April 15-21, 2021, Bank Al-Maghrib injected 77.4 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 remained almost stable against the US Dollar and depreciated by 0.33% against the Euro.

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