Morocco's Forex Reserves Top $53 Billion

Morocco's official reserve assets reached 496.8 billion dirhams (over $53.3 billion) as of July 24, 2026, according to Bank Al-Maghrib.

Morocco's Forex Reserves Top $53 Billion

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As of July 24, 2026, Morocco's official reserve assets stood at 496.8 billion dirhams (MMDH), equivalent to approximately $53.3 billion, according to the latest bulletin from Bank Al-Maghrib, the country's central bank.

The figure, based on an exchange rate of 9.32 dirhams per dollar, reflects a slight increase compared to previous months. The reserves provide a buffer against external shocks and support the stability of the Moroccan dirham.

Bank Al-Maghrib publishes these figures regularly, and the current level remains above the $50 billion threshold, which analysts view as a positive sign for the North African economy.

The central bank's data also highlights the continued resilience of Morocco's external position, despite global economic uncertainties.

❓ Frequently Asked Questions

What are Morocco's official reserve assets?

As of July 24, 2026, they were 496.8 billion dirhams (about $53.3 billion), according to Bank Al-Maghrib.

Why are foreign exchange reserves important?

They help a country meet external obligations, stabilize its currency, and provide a buffer against economic shocks.

How often does Bank Al-Maghrib report these figures?

The central bank publishes reserve data in its periodic bulletins, typically on a monthly or quarterly basis.

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