Morocco's Official Reserve Assets Up 8.3%

Morocco's official reserve assets amounted to 329.3 billion Dirhams on April 15, 2022, up by 8.3% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of April 14-20, 2022, Bank Al-Maghrib injected 90.6 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 remained almost stable against the Euro and the U.S. Dollar.

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