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Algeria’s currency crisis deepens amid drop in exports – The North Africa Post

Summary by North Africa Post
Algeria is grappling with a deepening currency crisis as the Algerian dinar continues its relentless slide, raising alarm over the country’s economic stability, inflationary pressures, and the sustainability of state finances. Since late 2019, the dinar has lost significant value against the euro, falling from 204 dinars per euro in December 2019 to over 260 […]
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In Algeria, the question of changing the national currency resurfaced in the public debate, particularly during the discussions at the National People's Congress (NPC), which was intended to combat the circulation of cash outside the official financial channels, and provoked reactions among deputies and experts. At the meeting on Monday, June 2, 2025 at the AFN, devoted to the examination of the 2022 budget regulation law, MP Aziz Abdelkader ask…

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North Africa Post broke the news in Rabat, Morocco on Monday, June 2, 2025.
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