Morocco's Official Reserve Assets Up 25.9%

Morocco's Official Reserve Assets Up 25.9%
Monday 22 February 2021 - 19:32

Morocco’s official reserve assets amounted to 312.9 billion dirhams until February 12, 2021, up by 25.9% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of Feb. 11-17, 2021, Bank Al-Maghrib injected 70.8 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 0.22% against the Euro and depreciated by 0.28% against the Dollar.

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