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Economic optimality of the exchange rate regime applied in Morocco

Author

Listed:
  • Ahmed KHATTAB
  • Yahya SALMI

    (Morocco)

Abstract

The main objective of this study is to analyze from an economic point of view the optimality of the exchange rate regime applied in Morocco, while basing on a macroeconomic analysis on the gradual flexibility of the Moroccan exchange rate regime and while presenting the conditions of success of the gradual flexibility based on the optimal widening of the band of fluctuation of the exchange rate to +/-5% that have been adopted by the domestic monetary authorities.

Suggested Citation

  • Ahmed KHATTAB & Yahya SALMI, 2021. "Economic optimality of the exchange rate regime applied in Morocco," Journal of Economics Library, EconSciences Journals, vol. 8(2), pages 78-88, June.
  • Handle: RePEc:cvv:journ5:v:8:y:2021:i:2:p:78-88
    as

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    File URL: https://journals.econsciences.com/index.php/JEL/article/view/2222
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    References listed on IDEAS

    as
    1. Omar Bakkou, 2015. "Flexibility of the Exchange Rate Regime and Exchange Regulation in Morocco," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 5(4), pages 1-10.
    2. Ouchen, Mariam, 2013. "Optimal choice of an exchange rate regime: a critical literature review," MPRA Paper 43907, University Library of Munich, Germany, revised 19 Jan 2013.
    3. Kamal LAHLOU, 2019. "Processus de libéralisation du compte capital: évolutions et défis pour l’économie marocaine," Document de travail 2019-2, Bank Al-Maghrib, Département de la Recherche.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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