Morocco's Official Reserve Assets Up 26.7%

10 January 2021 Printable Version

Rabat - Morocco's official reserve assets amounted to 320.9 billion dirhams until December 31, 2020, up by 26.7% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of December 31-January 6, 2021, Bank Al-Maghrib injected 89.2 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 0.91% against the Euro and y 1.44% against the Dollar.