Morocco to Move to Next Phase of Flexible Foreign Exchange Regime

Rabat – The governor of Morocco’s Bank al-Maghrib (central bank), Abdellatif Jouahri, has announced that the North African country will resume flexible foreign exchange regime. Morocco first introduced a floating exchange rate in January...

Morocco to Move to Next Phase of Flexible Foreign Exchange Regime

Rabat – The governor of Morocco’s Bank al-Maghrib (central bank), Abdellatif Jouahri, has announced that the North African country will resume flexible foreign exchange regime. Morocco first introduced a floating exchange rate in January of 2018, increasing the rate from 0.03% to 2.5%. The country however took a break in 2019 for “itrs 2018 push […]

The post Morocco to Move to Next Phase of Flexible Foreign Exchange Regime appeared first on Morocco World News.