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Bank Al-Maghrib

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The Bank Al-Maghrib is the central bank of the Kingdom of Morocco. It was founded in 1959, and is based in Rabat. It holds reserves of foreign currency with an estimated worth of USD 36 billion (2008 worth). In addition to currency management, the Bank Al-Maghrib also supervises a number of privatized banks supplying retail services.

Chairman: Mr Abdellatif Jouahri

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