Morocco's Official Reserve Assets Up 6.3%

31 January 2022 Printable Version

Rabat - Morocco's official reserve assets amounted to 329.1 billion dirhams on January 21, 2022, up by 6.3% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of Jan. 20-26, 2022, Bank Al-Maghrib injected 74.3 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 depreciated by 0.50% against the U.S. Dollar and remained almost stable against the Euro.