Morocco's Official Reserve Assets Up 5.2%

Morocco's official reserve assets amounted to 330.3 billion dirhams on January 28, 2022, up by 5.2% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of Jan. 27-Feb. 2, 2022, Bank Al-Maghrib injected 78.1 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 depreciated by 0.68% against the Euro and by 0.42% against the U.S. Dollar.

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