(MENAFN) Net global reserves reached MAD205.9bn as of June 30, this year, a fall of 14.6 percent from the same period of 2016.
Furthermore, foreign currency reserves fell 0.8 percent, proclaimed Bank Al Maghrib, which published its weekly indicators of the week from June 29 to July 5, 2017.
Recently, the whole amount of BAM's interventions reached MAD68.3bn, 61.3bn of which was issued in the form of seven-day advances on invitation to tender.
Meanwhile, the Moroccan Central Bank carried out 24-hour advances with a whole amount of MAD696mn.
MENAFN1307201700450000ID1095620866
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.