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KM Financial Solutions | Morocco looks for smooth transition to more flexible exchange-rate system
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Morocco looks for smooth transition to more flexible exchange-rate system

13 Jan Morocco looks for smooth transition to more flexible exchange-rate system

Posted at 16:59h in News by
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DUBAI, Jan 14 (Reuters) – Morocco’s introduction of a more
flexible exchange-rate system from Monday could result in only a
slight depreciation in the short term, analysts and bankers
said, but the dirham could become more vulnerable if commodity
prices rise.

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