Top-performing Arab economy Morocco stalls currency float on Egypt precedent – The Daily Star

The Daily Star

Top-performing Arab economy Morocco stalls currency float on Egypt precedent
The Daily Star
CAIRO: In five decades of importing steel wires, Zahar Benmoussa’s company never worried about currency risks – until Morocco announced plans to float the dirham. “For the first time in our history, we started to hedge” in the currency market, said …

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