Morocco's Official Reserve Assets Up 5%

Rabat — Morocco's official reserve assets amounted to 303.2 billion dirhams on June 11, 2021, up by 5% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of 10-16 June, 2021, Bank Al-Maghrib injected 76.8 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 0.55% against the Euro and remained almost stable against the US Dollar.

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