International Monetary Fund
Morocco: Reserve Tranche Position
from January 01, 1988 to December 31, 1988

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 1988         28,937
 November 30, 1988         28,937
 October 31, 1988         24,406
 September 30, 1988         24,406
 August 31, 1988         24,406
 July 31, 1988         21,687
 June 30, 1988         21,687
 May 31, 1988         21,687
 April 30, 1988         21,687
 March 31, 1988         18,476
 February 29, 1988         18,476
 January 31, 1988         18,476

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Morocco: Financial Position in the Fund