News
Tuesday 22 August 2017

Morocco’s Net International Reserves Down 13.5%

Vocal synthesis
Morocco’s Net International Reserves Down 13.5%

Morocco's net international reserves amounted to 209.9 billion dirhams until August 11, 2017, recording a 13.5% year-on-year decrease, Bank Al-Maghrib said.

The reserves recorded a 2.3 % weekly increase, the central bank pointed out in its weekly indicators.

During the week of August 10-16, Bank Al-Maghrib injected 66 billion dirhams.

As for the interbank rate, it remained at 2.3%, while the average trading volume remained unchanged at 3.5 billion dirhams, the source added.

During the same period, the Dirham appreciated by 0.13% against the Euro and depreciated by 0.21% against the dollar.

MAP 22 August 2017