Morocco’s Net International Reserves Up 0.5%

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Morocco’s net international reserves amounted to 224.6 billion dirhams until September 28, 2018, recording a 0.5% year-on-year increase, Morocco’s central bank (Bank Al-Maghrib) said.

During the week of September 26-October 3, Bank Al-Maghrib injected 73.8 billion dirhams.

As for the interbank rate, it has reached 2.28%, the source added in a press release.

During the same period, the Dirham appreciated by 0.7% against the Dollar and depreciated by 1% against the Euro.

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