Morocco's Official Reserve Assets Up 24.2%

Morocco's Official Reserve Assets Up 24.2%
Sunday 29 November 2020 - 17:57

Morocco’s official reserve assets amounted to 292.8 billion dirhams until November 20, 2020, up by 24.2% compared to the same period in 2019, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of November 19-25 November, Bank Al-Maghrib injected 103.3 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 0.36% against the Dollar and depreciated by 0.15% against the Euro.

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