{"id":635040,"date":"2018-01-31T04:19:56","date_gmt":"2018-01-31T04:19:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/"},"modified":"2018-01-31T04:19:56","modified_gmt":"2018-01-31T04:19:56","slug":"full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/","title":{"rendered":"Full float of Morocco\u2019s currency 5-15 years away, says central bank governor"},"content":{"rendered":"<p><strong>It may take Morocco five to 15 years to fully liberalize its currency regime, <\/strong>central bank Governor Abdellatif Jouahri <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-29\/morocco-says-currency-float-up-to-15-years-away-as-reforms-vital\">tells Bloomberg<\/a>, as floating the MAD is \u201cdependent on other reforms including strengthening the country\u2019s export base and reducing the current-account deficit.\u201d Morocco began implementing a more flexible exchange rate <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/16\/what-were-tracking-on-16-january-2018\/\">earlier this month<\/a>, widening the MAD fluctuation band to 2.5% above or below its peg from 0.3%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It may take Morocco five to 15 years to fully liberalize its currency regime, central bank Governor Abdellatif Jouahri tells Bloomberg, as floating the MAD is \u201cdependent on other reforms including strengthening the country\u2019s export base and reducing the current-account deficit.\u201d Morocco began implementing a more flexible exchange rate earlier this month, widening the MAD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635040","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"37c6c9b6-2282-450f-a4bb-4d70646bd142","order":"0","is_powered_by":true,"section_story_id":"026c060f-5c62-4278-9bd8-3472fbb0649f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635018],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Full float of Morocco\u2019s currency 5-15 years away, says central bank governor - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Full float of Morocco\u2019s currency 5-15 years away, says central bank governor\" \/>\n<meta property=\"og:description\" content=\"It may take Morocco five to 15 years to fully liberalize its currency regime, central bank Governor Abdellatif Jouahri tells Bloomberg, as floating the MAD is \u201cdependent on other reforms including strengthening the country\u2019s export base and reducing the current-account deficit.\u201d Morocco began implementing a more flexible exchange rate earlier this month, widening the MAD [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-31T04:19:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Full float of Morocco\u2019s currency 5-15 years away, says central bank governor\",\"datePublished\":\"2018-01-31T04:19:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/full-float-of-moroccos-currency-5-15-years-away-says-central-bank-governor\/\",\"name\":\"Full float of Morocco\u2019s currency 5-15 years away, says central bank governor - 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The sub-governor did not name the international\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568839,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/05\/egp-overvaluation-to-surpass-20-in-the-coming-two-years-rencap\/","url_meta":{"origin":635040,"position":2},"title":"EGP overvaluation to surpass 20% in the coming two years -RenCap","author":"enterpriseam admin","date":"5 February 2020","format":false,"excerpt":"EGP overvaluation to surpass 20% in the coming two years -RenCap: Renaissance Capital has become \u201cmore bullish\u201d on the trajectory of the EGP over the coming two years, forecasting the currency to remain stable this year before falling to EGP 16.2 against the greenback during 2021. 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