Morocco's Official Reserve Assets Up 5.3%

Morocco's Official Reserve Assets Up 5.3%
MAP
Tuesday 22 February 2022 - 09:34

Morocco’s official reserve assets amounted to 329.5 billion dirhams on February 11, 2022, up by 5.3% compared to the same period in 2021, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of Feb. 10-16, 2022, Bank Al-Maghrib injected 72.7 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 depreciated by 0.49% against the U.S. Dollar and remained almost stable against the Euro.

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