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The International Monetary Fund said it sees no reason for Morocco to accelerate the pace of the currency reform it kick-started this year to make its economy more competitive.Unlike other emerging economies, Morocco didn't loosen currency restrictions under pressure, so authorities can take their time with future steps, Nicolas Blancher, the IMF's mission chief for Morocco, told reporters.The IMF has a favorable outlook for Morocco, Blancher said, with economic growth expected to accelerate to 4.5 percent annually in the medium term.
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