Shuttering the plant, which court-appointed experts value at 21.6 billion dirhams, has left Morocco reliant on imported refined products and sparked protests by workers.
more| 12 Feb 2018 16:41 | Morocco World News |
Rabat - One month after Morocco introduced a flexible exchange rate system, the dirham appreciated by 0.3 percent against the euro and fell by 0.59 percent against the dollar, according to the latest weekly indicators of the week from February 1 to 7 ...
more| 11 Feb 2018 14:03 | Morocco World News |
Rabat - One month after Morocco introduced a flexible exchange rate system, the Moroccan dirham appreciated by 0.3 percent against the euro and fell by 0.59 percent against the dollar, according to the latest weekly indicators of the week from February ...
more| 05 Feb 2018 05:15 | Morocco World News |
Rabat - Three weeks after Morocco introduced a flexible exchange rate system, the dirham appreciated by 0.51 percent against the dollar and fell by 0.43 percent against the euro, according to the latest weekly indicators, published Saturday by Bank Al ...
more| 18 Jan 2018 09:00 | Asharq Al-awsat English |
The exchange rate of the Moroccan dirham upheld stability for the third day, following the enforcing of a decision to move to Morocco's flexible exchange system.
moreRABAT (Reuters) - Morocco's government needs to explain the benefits and risks of its new flexible currency system, which will stoke inflation, the head of the state High Planning Commission told Reuters on Wednesday.
moreRABAT, Jan. 15 (Xinhua) -- Morocco started on Monday the gradual floating of its currency dirham, whose trading ended in a very stable fashion in the first day.
moreThe central bank set a band of 8.9969-9.4524 dirhams to the U.S. dollar on Monday. After 90 minutes, the dirham had firmed marginally in the spot market to trade around 9.2117, Thomson Reuters data showed.
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