Morocco set to fast-track FX reform

Abdellatif Jouahri, the governor of the Central Bank of Morocco, has hinted that the dirham could move to a floating exchange rate regime early than previously thought.

Bank Al-Maghrib - Annual Report 2004

According to Bank Al-Maghrib's (the central bank of Morocco) Annual Report 2004, growth continued at a sustained rate and was stimulated, as in 2003, by domestic demand both for consumption and investment.

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