Morocco: Foreign exchange reserves

(measure: billion Moroccan Dirham, source: Bank Al-Maghrib)

* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in Morocco, April, 2019: For that indicator, Bank Al-Maghrib provides data for Morocco from 2016 to 2019. The average value for Morocco during that period was 233.01 billion Moroccan Dirham with a minumum of 203.72 billion Moroccan Dirham in July 2017 and a maximum of 249.25 billion Moroccan Dirham in December 2016. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.

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Measure: billion Moroccan Dirham
Source: Bank Al-Maghrib

Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.