International Reserves in Morocco
Morocco - International ReservesWhile the economy likely slowed slightly in the third quarter, growth should have held up well, supported by robust domestic demand. Average annual private sector credit growth in July–August was stronger, while consumer and business confidence levels were more or less stable. However, agriculture sector output—which represents roughly 15% of GDP—seemingly continued to fall in Q3. This comes after economic growth decelerated slightly in Q2 on the back of flagging agricultural output and a depressed external sector. In other news, in early October S&P Global Ratings changed Morocco’s outlook from negative to stable, mainly reflecting the result of the government’s fiscal consolidation efforts, and maintained its BBB- rating, which should support investor confidence going forward.
Morocco - International Reserves Data
|International Reserves (USD)||18.8||20.2||22.7||25.0||26.1|
5 years of economic forecasts for more than 30 economic indicators.
Morocco International Reserves Chart
Source: Central Bank of Morocco
|Bond Yield||3.40||0.0 %||Aug 31|
|Exchange Rate||9.67||-0.29 %||Sep 04|
|Stock Market||11,665||-0.23 %||Sep 04|
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