Morocco's official reserve assets up 8.1%

Morocco's official reserve assets amounted to 333.4 billion dirhams on February 25, 2022, up by 8.1% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of Feb. 24-March. 2, 2022, Bank Al-Maghrib injected 75.2 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 appreciated by 0.36% against the Euro and depreciated by 1.86% against the U.S. Dollar.

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