Morocco's Official Reserve Assets Up 9.2%

Morocco's official reserve assets amounted to 322.1 billion dirhams on October 1st, 2021, up by 9.2% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of September 30-October 6, 2021, Bank Al-Maghrib injected 89.6 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 appreciated by 0.35% against the Euro and depreciated by 0.62% against the Dollar.

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