Import demand tightens the squeeze on Morocco’s dirham
Morocco’s dirham has come under increasing pressure against the dollar and euro as a rising import bill shifts the domestic foreign-exchange market from abundant liquidity toward stronger demand for hard currency. The dirham lost 1.5% against the dollar and 0.3% against the euro between Sept. 17 and 23, Bank Al-Maghrib said. The central bank conducted […] The post Import demand tightens the…
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