Bloomberg
By Souhail Karam, Jill Ward, and Rene Vollgraaff
- Surge in oil prices should prompt switch back, Jouahri says
- Economy struggling with rising social demands, poor harvest
Abdellatif Jouahri Photographer: Abdelhak Senna/AFP via Getty Images
Morocco is able to switch back to a more flexible foreign-exchange regime at the first sign of an external shock such as a surge in oil prices, Bank Al-Maghrib Governor Abdellatif Jouahri said.