Morocco’s Net International Reserves Rise by 31.3 PC Until April 22

Rabat - Morocco’s net international reserves amounted to MAD 239.9 billion until April 22, 2016, recording a 31.3 pc increase on an annual basis, Bank Al-Maghrib said.

The reserves recorded a 1.4 pc weekly decrease, the central bank pointed out in its weekly indicators.

During the week of April 21-27, 2016, the central bank injected MAD 6 billion.

Over the course of this period, the interbank rate remained at 2.16 pc, while the average daily exchanged volum...

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