Morocco central bank governor says dirham move will boost growth by 0.2 pct

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

RABAT, Jan 18 (Reuters) - Morocco's new, more flexible foreign exchange currency system will boost economic growth by 0.2 percent, the central bank governor said on Thursday, without specifying the period.

The dirham move will lift inflation by 0.4 percent "in an extreme case" but also boost people's purchasing power, Abdellatif Jouahri told reporters.


(Reporting by Ulf Laessing and Zakia Abdennebi; Editing by Hugh Lawson)

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