Morocco's Official Reserve Assets Up 23.4%

19 October 2020 Printable Version

Rabat - Morocco's official reserve assets amounted to 294.7 billion dirhams until October 9, 2020, up by 23.4% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of 8-14 October, Bank Al-Maghrib injected 102.1 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 0.62% against the Euro and by 0.45% against the Dollar.