First Independent Mena Newspaper
The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]
King Mohammed VI hailed the resilience shown by the economies of many Arab countries thanks to the bold structural reforms and economic diversification they embarked on and which enabled them to weather global financial crisis. In a message addressed to the 40th meeting of the council of Arab central bank governors & Arab monetary agencies, […]
Morocco will have its first Islamic bank next year, according to a statement made lately in Kuwait by governor by the central bank of the North African country Abdellatif Jouahri. Morocco will become thus the latest Muslim-majority country to develop a regulatory framework specific to Islamic finance after the parliament approved last year a bill […]