国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Africa  

Morocco's forex reserves down 6 pct in Feb.

Source: Xinhua   2018-03-04 05:44:08

RABAT, March 3 (Xinhua) -- Morocco's foreign exchange reserves stood at 25.4 billion U.S. dollars at the end of February, dropping by 5.9 percent year on year, Morocco's Central Bank said Saturday.

The foreign exchange reserves had hit 26.2 billion dollars before the entry into force of the gradual floating of the Moroccan dirham last January.

On Jan. 15, the Moroccan government started the gradual floating of its currency, raising the official band of dirham's fluctuation to 2.5 percent above or below the official rate from the previous 0.3 percent.

The latest statistics by the Moroccan Central Bank show that Morocco's dirham barely moved against major currencies since the move.

The dirham is pegged to a two-currency basket weighted 60 percent to the euro and 40 percent to the U.S. dollar.

The Moroccan government said widening the dirham trading band is part of a broader plan to float the currency and make the economy more resilient against external shocks and help boost growth.

Editor: yan
Related News
Home >> Africa            
Xinhuanet

Morocco's forex reserves down 6 pct in Feb.

Source: Xinhua 2018-03-04 05:44:08

RABAT, March 3 (Xinhua) -- Morocco's foreign exchange reserves stood at 25.4 billion U.S. dollars at the end of February, dropping by 5.9 percent year on year, Morocco's Central Bank said Saturday.

The foreign exchange reserves had hit 26.2 billion dollars before the entry into force of the gradual floating of the Moroccan dirham last January.

On Jan. 15, the Moroccan government started the gradual floating of its currency, raising the official band of dirham's fluctuation to 2.5 percent above or below the official rate from the previous 0.3 percent.

The latest statistics by the Moroccan Central Bank show that Morocco's dirham barely moved against major currencies since the move.

The dirham is pegged to a two-currency basket weighted 60 percent to the euro and 40 percent to the U.S. dollar.

The Moroccan government said widening the dirham trading band is part of a broader plan to float the currency and make the economy more resilient against external shocks and help boost growth.

[Editor: huaxia]
010020070750000000000000011105521370141181
主站蜘蛛池模板: 桐梓县| 宁城县| 黄冈市| 乌兰察布市| 甘谷县| 大余县| 东明县| 广昌县| 元江| 桃园县| 美姑县| 扎赉特旗| 遵化市| 阳江市| 门头沟区| 宾阳县| 百色市| 阿坝县| 凤山市| 余江县| 大埔县| 女性| 清流县| 襄城县| 鹤峰县| 龙州县| 梁山县| 杭州市| 五河县| 古田县| 磴口县| 土默特右旗| 莱芜市| 岳普湖县| 保亭| 玉树县| 北海市| 文化| 岑溪市| 乌兰县| 北宁市|