Bank Al Maghrib Policy Changes and Impact on Foreign Transactions: Subscribe to Desk for Exclusive Insights

2024-01-04 00:33:00

Abdellatif Jouahri, wali-governor of Bank Al Maghrib. Credit: World Bank

Since January 2, the central bank has modified the methods for setting the reference exchange rate of the dirham, now published daily at 4:15 p.m., i.e. an extension of the pocket square of the average of interbank transactions. Result, increased risk for partners of foreign transactional issuers. Explanations

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