Morocco's international reserves cross MAD 229bn

Mubasher: Morocco's net international reserves amounted to MAD 229.1 billion until 22 January 2016, recording a 24.7% year-on-year increase, said Bank Al-Maghrib.

The central bank injected MAD 14 billion on 21-27 January 2016.

Meanwhile, the interbank rate declined to 2.50%, and the average daily trading volume amounted to MAD 3.2 billion.

Mubasher Contribution Time: 02-Feb-2016 09:47 (GMT)