Morocco's Official Reserve Assets Up 23.1%

Morocco's Official Reserve Assets Up 23.1%
Saturday 23 January 2021 - 11:22

Morocco’s official reserve assets amounted to 309 billion dirhams until January 15, 2021, up by 23.1% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of January 14-20, 2021, Bank Al-Maghrib injected 77.4 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 0.67% against the Euro and by 1.15% against the Dollar.

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