Morocco to begin gradual liberalisation of dirham

12 January 2018, 20:48 UTC

Morocco will start a gradual and controlled liberalisation of its currency the dirham from Monday, Prime Minister Saad-Eddine Al-Othmani said after a cabinet meeting. The North African country has had a fixed exchange rate regime for the dirham since the 1970s. It is pegged to the euro and the dollar. Othmani spoke to AFP on Friday after a ca ...

More details