Morocco's Official Reserve Assets Up 8.8%

11 avril 2022 Printable Version

Rabat - Morocco's official reserve assets amounted to 332.3 billion dirhams on April 1st, 2022, up by 8.8% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of March 31-April 6, 2022, Bank Al-Maghrib injected 83.3 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 1.41% against the Euro and depreciated by 0.45% against the U.S. Dollar.