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Thu, 19 Apr 2018 13:39:18 GMT
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Fri, 06 Apr 2018 22:27:04 GMT

Morocco's forex reserves shrink 4.9 pct in March
Xinhua
Such performance shows the dirham fluctuates within a very narrow trading band despite Morocco's decision to raise the official band of dirham's fluctuation to 2.5 percent above or below the official rate from the previous 0.3 percent. The dirham is ...

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Mon, 15 Jan 2018 10:48:30 GMT

Bloomberg

UPDATE 1-Morocco dirham stable as central bank introduces flexible FX system
Reuters
(Adds details and bankers comments). By Ulf Laessing and Aziz El Yaakoubi. CASABLANCA/DUBAI, Jan 15 (Reuters) - Morocco's dirham barely moved against major currencies and there was little speculative trade as the central bank introduced a more flexible ...
No Rush for Dollars in Morocco as Looser Peg Boosts CurrencyBloomberg
Morocco to launch more flexible exchange rate for dirham on MondayZAWYA

all 16 news articles »
Thu, 18 Jan 2018 17:34:52 GMT

UPDATE 2-Morocco central banker says FX move to raise inflation and growth
Reuters
RABAT, Jan 18 (Reuters) - The flexible exchange rate system introduced this week in Morocco could raise annual inflation by 0.4 percent “in an extreme case” while allowing faster economic growth, the central bank governor said on Thursday. On Monday ...

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Mon, 15 Jan 2018 08:48:03 GMT

Morocco central bank sets dirham band on first day of flexible FX system
Reuters
DUBAI, Jan 15 (Reuters) - Morocco's central bank set a band of 8.9969-9.4524 dirhams to the U.S. dollar as it introduced a more flexible exchange rate system on Monday. The dirham was trading in the spot market at around 9.2380-2430, Thomson Reuters ...

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Sat, 03 Feb 2018 22:50:52 GMT

Morocco's forex reserves shrink 3.2 pct in January
Xinhua
3 (Xinhua) -- Morocco's foreign exchange reserves stood at 26.3 billion U.S. dollars by the end of January, shrinking 3.2 percent year-on-year, Morocco's Central Bank said Saturday. According to a statement by the central bank, the exchange reserves ...

Sat, 06 Jan 2018 22:09:18 GMT

Morocco's forex reserves shrink by 3.3 pct in 2017
Xinhua
However, the Moroccan government decided to delay the move, saying studies are being carried out to ensure enough time for the decision to take effect and to better understand "its impact on the economy and, in particular, on the purchasing power of ...

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Tue, 21 Nov 2017 20:47:46 GMT

Finance Magnates

Morocco Authorities Impose Ban and Penalties for Cryptocurrency Use
Finance Magnates
The watchdog has not made any reference to cryptocurrency operators hosted in the country or its mining activities. Finally, Office des Changes noted that lack of central regulation, while attractive to many users, has allowed criminals to launder ...

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Thu, 08 Mar 2018 06:44:01 GMT

ZAWYA

Out of Africa: Morocco's bid to be Europe's main trade link to the region
ZAWYA
"Morocco is strategically positioned within global value chains in the automotive and aviation sectors and as a trade hub between Europe and Africa," Elisa Parisi-Capone, a Moody's vice president and senior analyst, said in the rating agency's latest ...

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Fri, 16 Feb 2018 13:01:20 GMT

Morocco World News

The Pros and Cons of a Flexible Exchange Rate
Morocco World News
... and it can be considered as an advantage or a disadvantage depending on your outlook. In general terms, flexible exchange rates lend themselves to high levels of volatility, as the shifts in the base rate are far more frequent and significant that ...