Morocco's Official Reserve Assets Up 10.1%

Morocco’s official reserve assets amounted to 323.5 billion dirhams on October 22, 2021, up by 10.1% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of October 21-27, 2021, Bank Al-Maghrib injected 79.1 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 depreciated by 0.30% against the Dollar.