Morocco's Official Reserve Assets Up 5.7%

Morocco's official reserve assets amounted to 312.6 billion dirhams on August 27, 2021, up by 5.7% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of 26 August-1 September, 2021, Bank Al-Maghrib injected 97.6 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 0.27% against the Euro and appreciated by 0.4% against the US Dollar.

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