Hammad Kassal : Bank Al Maghrib imperils the Dirham

Jeudi 22 Août 2013

Lemag : The moroccan economist and expert, Hammad Kassal accuses the Bank Al-Maghrib (BAM), central bank of the Kingdom of Morocco to imperil the Dirham, the moroccan currency.
Hammad Kassal :  Bank Al Maghrib imperils the Dirham
According to the economist, the BAM supplies the market with liquid assets by abusing the use of the not printing press and at the same time, The dollar  and gold reserves are very  weaks in the kingdom.
 
The moroccan daily Al Massae which repeated the professor at the University of El Akhawayn , explained that this political economy of the BAM is very dangerous for the Dirham in a long run because it doesn't issue as many dollars in the financial market.



Source : https://www.marocafrik.com/english/Hammad-Kassal-B...

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