Morocco's Official Reserve Assets Up 22.6%

23 November 2020 Printable Version

Rabat - Morocco's official reserve assets amounted to 291.4 billion dirhams until November 13, 2020, up by 22.6% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of 12-17 November, Bank Al-Maghrib injected 105 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 0.59% against the Dollar and depreciated by 0.22% against the Euro.