Morocco's Official Reserve Assets Up 3%

Morocco's Official Reserve Assets Up 3%
Sunday 18 April 2021 - 14:48

Morocco’s official reserve assets amounted to 304.3 billion dirhams until April 9, 2021, up by 3% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of April 8-14, 2021, Bank Al-Maghrib injected 69 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 Euro and appreciated by 0.58% against the US Dollar.

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