3rd LD-Writethru: Morocco to start floating its currency on Monday after months of hesitation
Contributed by NAMPA / Xinhua.
RABAT, Jan. 12 (Xinhua) -- After months of hesitation, Morocco decided on Friday to start the gradual floating of its currency dirham on next Monday.
The decision was announced by the government spokesperson Mustapha El Khalfi during a press briefing following the cabinet weekly meeting that is normally held on Thursday.
The announcement comes after an earlier one by the country's central bank was delayed by the government.
The bank had announced that the first step to float the currency w ...