Sunday, November 24

Morocco’s Official Reserve Assets Up 23.6%

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AllAfrica.com

Morocco’s official reserve assets amounted to 309.6 billion dirhams until January 22, 2021, up by 23.6% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of January 21-27, 2021, Bank Al-Maghrib injected 74.6 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 remained almost unchanged against the Euro and the Dollar.

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