Morocco's Official Reserve Assets Up 5.3%

Morocco's official reserve assets amounted to 312.4 billion dirhams on September 3, 2021, up by 5.3% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said. During the week of September 2-8, 2021, Bank Al-Maghrib injected 94.4 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 Euro and the U.S. Dollar.

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