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The Suite Dreams offer is priced in Moroccan Dirhams and starts from MAD 25,470 (current exchange rate - AUS $2,779) per room for 4 nights based on two adults sharing on a full board basis.
BNP Paribas, Societe Generale and Standard Chartered Bank were the mandated lead arrangers for the international debt facilities, while Morocco's Banque Centrale Populaire acted as the mandated lead arranger for the Moroccan dirham credit facilities, representing approximately 40 per cent of the total debt.
Moroccan Prime Minister Abdelilah Benkirane gets a monthly salary of 80,000 Moroccan dirhams ($9,074) while Algerian Prime Minister Ahmed Ouyahia gets 6,000 Euros ($7,508) and Tunisian Prime Minister Hamadi Jebali 2,500 Euros ($3,158), the French weekly newsmagazine Jeune Afrique reported.
They also took 9320 Moroccan dirhams (pounds 793) and 660 euros (pounds 622).
About 20% have collections of lesser-used currencies, such as the Moroccan dirham and the Thai baht.
Over the course of three years, I brought home to Gaeta, Italy, (La Salle's homeport) lots of Moroccan dirhams, Tunisian dinar, Turkish lira (with lots of zeros, almost enough for lunch at a local McDonald's) and even some Russian rubles, not to mention a dozen other colorful types of currency.
The artificially high exchange rate of the Algerian currency against the Moroccan dirham is also a major stumbling block.
0 billion equivalent and comprise: - Two Export Credit Facilities for an aggregate amount of Euro 200 million; - Euro 450 million equivalent loans from International Finance Corporation (IFC), of which Euro 100 million equivalent in "A" and "C" Loans for IFC's own account, and Euro 350 million equivalent in "B" Loan for the account of international lenders participating under the IFC "umbrella"; - An International Commercial Loan of Euro 150 million equivalent; and - A Domestic Commercial Loan Facilities of Euro 200 million equivalent in Moroccan Dirhams.