Morocco's Official Reserve Assets Up 5.6%

Rabat - Morocco's official reserve assets amounted to 303.5 billion dirhams on May 21, 2021, up by 5.6% compared to the same period in 2020, Morocco's central bank (Bank Al-Maghrib) has said. During the week of 20-26 May, 2021, Bank Al-Maghrib injected 77 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 0.21% against the Euro and remained almost stable against the US Dollar.