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Workshop in Rabat on LIBOR Reform & Morocco’s New Money Market Benchmark
Morocco’s Central Bank, Bank Al-Maghrib, and the European Bank for Reconstruction and Development organized on Wednesday in Rabat a workshop on London Inter-bank Offered Rate (LIBOR) reform and the new money market benchmark in the North African country. Participants in the workshop discussed the implications of changes in the benchmark indexes used on the international […]
Paraguay Announces its Decision of Opening Consulate in Moroccan Sahara
The Republic of Paraguay, which recognizes Morocco’s sovereignty over the Sahara, has decided to open soon a Consulate in the Moroccan Saharan territory. The decision was announced by FM of this South America country Rubén Ramírez Lezcano during a meeting held Wednesday in Rabat with Moroccan peer Nasser Bourita. Paraguay’s top diplomat has also reaffirmed […]
Morocco’s car exports jump 39% in first quarter 2021
Morocco’s car exports rose 39% to 22.6 billion dirhams in the first quarter this year, topping all industrial sales as the country’s trade deficit shrinks 11.2% during the same period. The improvement in the trade deficit is actually reflective of a drop in demand by Moroccan manufacturers as a result of the slowdown in key […]


