ABU DHABI, June 5 (Reuters) - Morocco is aiming to introduce a flexible currency exchange system in the early part of 2017, its central bank governor said on Sunday.
“We are considering the move currently from fixed exchange rate to a flexible exchange rate,” Abdellatif Jouahri told reporters on the sidelines of an Arab finance ministers event.
Jouahri said that the country would be working with a technical mission from the International Monetary Fund during the second half of this year as part of introducing the currency move. (Reporting by Stanley Carvalho; Writing by David French; Editing by Toby Chopra)
Our Standards: The Thomson Reuters Trust Principles.