Morocco's Official Reserve Assets Up 11.1%

Morocco's official reserve assets amounted to 323.8 billion dirhams on November 12, 2021, up by 11.1% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of November 11-17, 2021, Bank Al-Maghrib injected 82.8 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 0.82% against the Euro and depreciated by 1.36% against the US Dollar.

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