Morocco's official reserve assets up 10.1%

Morocco's official reserve assets up 10.1%
Monday 28 March 2022 - 17:31

Morocco’s official reserve assets amounted to 338.8 billion dirhams on March 18, 2022, up by 10.1% compared to the same period in 2021, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of March 17-23, 2022, Bank Al-Maghrib injected 76.2 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 1.04% against the Euro and by 1% against the U.S. Dollar.

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