Morocco central bank governor says launch of dirham system was sovereign decision

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

RABAT, Jan 18 (Reuters) - Morocco's decision to launch a more flexible foreign exchange system was a sovereign move and not the result of any currency crisis, the central bank governor said on Thursday.

Abdellatif Jouahri also told reporters the move would improve the purchasing power of citizens.


(Reporting by Ulf Laessing and Zakia Abdennebi; Editing by Kevin Liffey)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok