EU countries took 66% of Morocco’s foreign trade with Spain topping the list with $15 bln followed by France with $13 bln, the foreign exchange agency said. Spain and France accounted for 58% of overall trade with the EU as Morocco has been steadily diversifying trade partners over the last few years, the agency said […]
Ways to promote peace and stability in the MENA region were at the focus of phone talks between Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan bin Abdullah. The talks, held Friday, also covered ways to deepen bilateral ties in various fields, as well as latest regional and international developments of […]
The International Monetary Fund (IMF) has slammed African central banks for their misguided currency regulation, especially with regard to the ineffective disposal of their foreign exchange reserves. In particular, the IMF has scrutinized the African central banks’ rigid exchange rate regulations, criticizing them for disposing of their foreign exchange reserves in an ineffective attempt to […]
