Morocco's Net International Reserves Up 6.5%

Rabat - Morocco's net international reserves amounted to 243.8 billion dirhams until January 17, 2020, up by 6.5% compared to the same period in 2019, Morocco's central bank (Bank Al-Maghrib) said. During the week of 16-22 Jan., Bank Al-Maghrib injected 59.6 billion dirhams.

As for the interbank rate, it has remained at 2.25%, the source added in a release. In the same period, the Dirham appreciated by 0.18% against the Euro and depreciated by 0.43% against the Dollar.