Morocco's Official Reserve Assets Up 5.2%

Morocco's official reserve assets amounted to 330.5 billion dirhams on December 17, 2021, up by 5.2% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of December 16-22, 2021, Bank Al-Maghrib injected 83.3 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 U.S. Dollar and depreciated by 0.20% against the Euro.

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