Bank Al-Maghrib : Morocco's net international reserves increases by 10.7%

Morocco's net international reserves amounted to 227.6 billion dirhams until June 29, 2018, recording a 10.7% year-on-year increase, Morocco's central bank (Bank Al-Maghrib) said.

During the week of June 28-July 4, Bank Al-Maghrib injected 62 billion dirhams.

As for the interbank rate, it remained at 2.29%, while the average trading volume increased from 4.4 billion Dirhams the week before to 5.8 billion Dirhams, the source added.

During the same period, the Dirham appreciated by 0.20% against the Euro and by 0.32% against the Dollar.