Morocco's Official Reserve Assets Up 9.9%

Morocco's official reserve assets amounted to 321.7 billion dirhams on November 19, 2021, up by 9.9% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of November 18-24, 2021, Bank Al-Maghrib injected 82.6 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 0.21% against the Euro and depreciated by 0.67% against the US Dollar.

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