Morocco's Official Reserve Assets Up 24.5%

01 March 2021 Printable Version

Rabat - Morocco's official reserve assets amounted to 308.2 billion dirhams until February 19, 2021, up by 24.5% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of Feb. 18-24, 2021, Bank Al-Maghrib injected 72.2 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 0.45% against the US Dollar and depreciated by 0.32% against the Euro.