Morocco's Official Reserve Assets Up 14.9 Percent

Rabat — Morocco's official reserve assets amounted to 305.5 billion dirhams until April 2, 2021, up by 14.9% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of April 1-7, 2021, Bank Al-Maghrib injected 79 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 0.78% against the US Dollar and depreciated by 0.5% against the Euro.

More From: MAP

Don't Miss

AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.