Morocco's official reserve assets up 25.1%

Morocco's official reserve assets amounted to 313.9 billion dirhams until January 29, 2021, up by 25.1% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of January 28-February 3, 2021, Bank Al-Maghrib injected 72 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 0.56% against the Euro and depreciated by 0.28% against the Dollar.

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