24 December 2018

Morocco's Net International Reserves Down 5.3%

Rabat — Morocco's net international reserves amounted to 226.5 billion dirhams until December 14, 2018, recording a 5.3% year-on-year decrease, Morocco's central bank (Bank Al-Maghrib) said.

During the week of December 13-19, Bank Al-Maghrib injected 68.3 billion dirhams.

As for the interbank rate, it has reached 2.27%, the source added in a press release.

During the same period, the Dirham depreciated by 0.92% against the Euro and by 0.28% against the Dollar.

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