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Morocco to 'flexible system of exchange'

yota691

By yota691,
in World Economy

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6/6/2016 Now - Sky News 9:36:33 AM

Morocco to 'flexible system of exchange'

Morocco's central bank governor said his country is seeking a flexible disbursement system in early 2017.

Abdul Latif Jouahiri told reporters on the sidelines of a conference of Arab finance ministers in Abu Dhabi that there is currently a study to shift from a fixed exchange rate to a flexible exchange rate.

He pointed out that Morocco will cooperate with a technical team of the International Monetary Fund during the second half of the year in this matter, according to 'Reuters'.

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