Forex Reserves

  • Weak Oil Prices Harm Algerian Forex Reserves

    Weak Oil Prices Harm Algerian Forex Reserves

    Monday, 14th September 2015
    Algeria's foreign exchange reserves fell 11.1% in the first six months of 2015 as a result of weaker oil prices, the central bank informed. The government is planning to raise taxes on diesel, 3G internet, and electricity.