Morocco’s Official Reserve Assets Up 5.6%

Morocco’s official reserve assets amounted to 303.6 billion dirhams on June 4, 2021, up by 5.6% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of 3-9 June, 2021, Bank Al-Maghrib injected 75.1 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 stable against the Euro and appreciated by 0.27% against the US Dollar.