Reuters Morocco is aiming to introduce a flexible exchange rate system in the early part of 2017, its central bank governor said on Sunday. “We are considering the move currently from fixed exchange rate to a flexible exchange rate,” Abdellatif Jouahri told reporters on the sidelines of an Arab finance ministers event. Jouahri said the country would work with ...

  Reuters Business activity in Egypt shrank for the eighth straight month in May but at a lesser extent than previous three months, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector recorded 47.6 points in May after 46.9 points in April, remaining below the 50-point mark that separates growth from ...

  Hanoi / AFP Dozens of activists were detained in Vietnam’s two biggest cities on Sunday as they tried to hold protests calling for greater government transparency over a recent spate of mass fish deaths. Tonnes of dead fish and other marine life began washing up on central Vietnamese shores two months ago and continued to appear for two to ...