12 November 2018

Morocco's Net International Reserves Down 1.8%

Rabat — Morocco's net international reserves amounted to 224.1 billion dirhams until November 2, 2018, recording a 1.8% year-on-year decrease, Morocco's central bank (Bank Al-Maghrib) said.

During the week of November 1-7, Bank Al-Maghrib injected 72.3 billion dirhams.

As for the interbank rate, it has reached 2.29%, the source added in a press release.

During the same period, the Dirham appreciated by 1.13% against the Dollar and depreciated by 0.19% against the Euro.

Morocco

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