Morocco's official reserve assets up 21.4%

Morocco's official reserve assets amounted to 288.8 billion dirhams until May 29, 2020, up by 21.4% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) has said.

During the week of May 28-June 3, Bank Al-Maghrib injected 104.5 billion dirhams.

As for the interbank rate, it has remained at 2%, the source added in a release.

In the same period, the Dirham depreciated by 0.46% against the Euro and appreciated by 1.34% against the Dollar.