The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]
Morocco’s Royal Navy and the US navy have conducted lately a joint naval exercise to enhance interoperability between the two allies. According to US naval forces Europe-Africa, the Expeditionary Sea Base USS Hershel “Woody” Williams (ESB 4) participated in the tracking training exercise with the Moroccan Navy’s Floreal-class Frigate Mohammed V. The Moroccan warship worked […]
After protests at sexual harassment and ill-treatment by some Moroccan female seasonal farm workers in the strawberry producing region of Huelva, Moroccan and Spanish authorities promised to ensure them more protection. The promise was made by Morocco’s Minister of Employment and Professional Integration, Mohamed Yatim, and Spanish Ambassador to Morocco, Ricardo Diez-Hochleitner Rodriguez. The move […]
