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Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

By Yahoo! Finance   |   Oct 25, 2024 at 08:58 PM EST
Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

Morocco plans to gradually move away from its current currency peg to a basket of Euros and US dollars by 2026, after a pause due to the pandemic. The central bank is preparing for this shift to a more market-driven exchange rate system.

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