The Moroccan currency has gained a few thousandths against the greenback for several weeks. The dollar was at 10.2215 dirhams on Wednesday April 5. The previous week, the dirham had appreciated by 0.55% against the American currency, the course of which is propelled by the international geopolitical situation, in particular the war in Ukraine. If inflation doesn’t come down, all those gains can be shattered. In Moroccan companies that depend on inputs imported in dollars, especially edible oil manufacturers who…
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