Morocco’s Net International Reserves Down 4.4%

Morocco’s net international reserves amounted to 230.2 billion dirhams until December 28, 2018, recording a 4.4% year-on-year decrease, Morocco’s central bank (Bank Al-Maghrib) said. During the week of December 27-January 2, Bank Al-Maghrib injected 71.2 billion dirhams.

As for the interbank rate, it has reached 2.31%, the source added in a press release. During the same period, the Dirham depreciated by 0.62% against the Euro and by 0.41% against the Dollar.

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