International Reserves in Morocco

Morocco International Reserves | Economic News & Forecasts

Morocco - International Reserves

While 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

2013  2014  2015  2016  2017  
International Reserves (USD)18.8  20.2  22.7  25.0  26.1  

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Morocco International Reserves Chart

Morocco International Reserves
Note: International reserves in months of imports.
Source: Central Bank of Morocco

Morocco Facts

Bond Yield3.400.0 %Aug 31
Exchange Rate9.67-0.29 %Sep 04
Stock Market11,665-0.23 %Sep 04

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