News
Tuesday 29 January 2019

Morocco's Net International Reserves Down 4.7%

Vocal synthesis
Morocco's Net International Reserves Down 4.7%

Morocco's net international reserves amounted to 229 billion dirhams until January 18, 2019, recording a 4.7% year-on-year decrease, Morocco's central bank (Bank Al-Maghrib) said.

During the week of January 17-23, Bank Al-Maghrib injected 70.5 billion dirhams.

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

During the same period, the Dirham appreciated by 0.15% against the Euro and depreciated by 0.15% against the Dollar.

MAP 28 January 2019