Morocco’s Net International Reserves Down 1.9%

Morocco’s net international reserves amounted to 227.3 billion dirhams until March 22, 2019, recording a 1.9% year-on-year decrease, Morocco’s central bank (Bank Al-Maghrib) said. During the week of March. 21-27, Bank Al-Maghrib injected 73 billion dirhams.

As for the interbank rate, it has reached 2.26%, the source added in a press release. During the same period, the Dirham appreciated by 0.29% against the Euro and depreciated by 0.43% against the Dollar.

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