Taxing times: How inflation and heavy taxation are squeezing Morocco
Morocco’s economic strategy has long been admired as a model for North Africa, with the kingdom positioning itself as
According to a Bank Al-Maghrib (BAM) report, between September 26 and October 2, no foreign exchange auctions were conducted, however the Moroccan Dirham remained stable against the Euro yet depreciated by 1.17% against the US dollar.
According to a Bank Al-Maghrib (BAM) report, during this period, no foreign exchange auctions were conducted. This comes as the primary benchmark of the Casablanca Stock Exchange, the MASI index, fell by 1.8%, bringing its year-to-date performance down to 16%.
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