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Thursday 3 January 2019

Morocco's Net International Reserves Down 4.6%

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Morocco's Net International Reserves Down 4.6%

Morocco's net international reserves amounted to 228.2 billion dirhams until December 21, 2018, recording a 4.6% year-on-year decrease, Morocco's central bank (Bank Al-Maghrib) said.

During the week of December 20-26, Bank Al-Maghrib injected 65.3 billion dirhams.

As for the interbank rate, it has remained at 2.27%, the source added in a press release.

During the same period, the Dirham appreciated by 0.12% against the Euro and by 0.06% against the Dollar.

MAP 31 December 2018