Morocco’s Official Reserve Assets Up 4.4%

Morocco’s official reserve assets amounted to 311.9 billion dirhams on September 17, 2021, up by 4.4% compared to the same period in 2020, Morocco’s central bank (Bank Al-Maghrib) has said.

During the week of September 16-22, 2021, Bank Al-Maghrib injected 95.2 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 0.33% against the Euro and depreciated by 0.51% against the U.S. Dollar.