News
Tuesday 21 February 2017

Morocco’s Net International Reserves Up 9.3%

Vocal synthesis
Morocco’s Net International Reserves Up 9.3%

Morocco's net international reserves amounted to 252.7 billion dirhams until February 10, 2016, recording a 9.3 pc year-on-year increase, Bank Al-Maghrib said.

During the week of February 9-15, 2016, Bank Al-Maghrib injected 14.5 billion dirhams.

As for the interbank rate, it remained at 2.26%, while the average trading volume decreased from 4.2 billion dirhams one week before to 3.8 billion dirhams, the central bank pointed out in its weekly indicators.

During the same period, the Dirham appreciated by 0.53% against the Euro and depreciated by 0.79% against the dollar.

MAP 20 February 2017