Morocco's Official Reserve Assets Up 2.4%

Morocco's official reserve assets amounted to 301.1 billion dirhams on July 16, 2021, up by 2.4% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said. During the week of 15-20 July, 2021, Bank Al-Maghrib injected 120.9 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 US Dollar.

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