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FINANCIAL NEWS
Morocco’s trade deficit reaches USD6.45b in May
16 Jun 2015
(MENAFN) Morocco’s trade deficit decreased down to USD6.45 billion in the first five months of the year, marking 25.3 percent decline when compared to the same period last year, Reuters reported.
The decline is attributed to lower energy prices, according to the country’s foreign exchange regulator, who added that in the corresponding period last year the deficit was USD8.6 billion.
In addition, wheat importations decreased by 31.1 percent in the period due to record growth registered in the country’s agriculture sector.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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