Morocco's Official Reserve Assets Up 13.3%

Morocco's official reserve assets amounted to 329.7 billion dirhams on December 10, 2021, up by 13.3% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of December 9-15, 2021, Bank Al-Maghrib injected 78.2 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 depreciated by 0.31% against the Euro and by 0.48% against the US Dollar.

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