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Morocco's Official Reserve Assets Up 5.8%

Morocco's official reserve assets amounted to 320.8 billion Dirhams on June 10, 2022, up by 5.8% compared to the same period in 2021, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of June 9-15, 2022, Bank Al-Maghrib injected 86.3 billion dirhams.

As for the interbank rate, it has remained at 1.5%, the source added in a release.

In the same period, the Dirham depreciated by 0.55% against the Euro and by 2.83% against the US Dollar.

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