13 °C Partly cloudy Rabat

News
Wednesday 8 January 2020

Morocco's Net International Reserves Up 6.1%

Vocal synthesis
Morocco's Net International Reserves Up 6.1%

Morocco's net international reserves amounted to 244.3 billion dirhams until December 27, 2019, up by 6.1% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) said.

During the week of 26-31 Dec., Bank Al-Maghrib injected 71.5 billion dirhams.

As for the interbank rate, it has reached 2.26%, the source added in a release.

In the same period, the Dirham appreciated by 0.51% against the Dollar and depreciated by 0.82% against the Euro.