Morocco's Official Reserve Assets Up 9.5%

Morocco's official reserve assets amounted to 337.3 billion dirhams on March 4, 2022, up by 9.5% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of March 3-9, 2022, Bank Al-Maghrib injected 78.3 billion dirhams.

As for the interbank rate, it has remained at 1.5%, the source added in a release.

In the same period, the depreciated by 2.1% against the Euro and by 3.26% against the U.S. Dollar.

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