Morocco’s Exchange Office circular: four permitted hedging transactions
January 22, 2018 | news

Following the enlargement of the band of fluctuation of the Dirham to ±2.5% against ±0.3% previously, the Exchange Office (Office des Changes in French) published on January 19, 2018 the circular No. 1/2018 authorizing and fixing the terms of implementation of the hedging against foreign exchange hedge, interest rate risk, commodity price risk and the risks inherent in any asset or debt.