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Decline of Algerian dinar adds to poverty, capital flight - The Arab Weekly
TUNIS - Algeria has steadily devalued its currency over the past 48 years, keeping most citizens poor, the country's economy dependent on imports and bringing about a new class of wealthy Algerians who invest abroad with smuggled foreign currencies.
Currency values in terms of Special Drawing Rights - Business Recorder (press release)
... except for the Iranian rial and the Libyan dinar, the values of which are officially expressed directly in terms of domestic currency units per SDR. All figures are rounded to six significant digits. See Representative Exchange Rates for Selected ...
Algeria: Blogger sentenced to 10 years for online posts - Amnesty International
Responding to the news that blogger Merzoug Touati was sentenced to 10 years in prison and fined 50,000 Algerian dinar (approximately USD $430) for online posts, Heba Morayef, Middle East and North Africa Regional Director at Amnesty International, ...altro »
Court in Algeria sentences blogger to 10 years in prison - CPJ Press Freedom Online
New York, May 24, 2018--In a one-day trial today, a criminal court in Béjaïa sentenced Algerian blogger Marzoug Touati to 10 years in prison and fined him 50,000 Algerian dinar (US$427) for communicating with a foreign entity and inciting civil ...altro »
Hefty fine against pastor for transporting Bibles upheld by Algerian courts - ChristianToday
A court in Algeria has upheld a 100,000-dinar (US$868) fine against a pastor who was caught transporting Bibles in his car in March 2015. Pastor Nouredine Belabed was initially sentenced to two years in prison and ordered to pay the fine of 50,000 ...
Algeria protects dinar as US dollar depreciates - The Arab Weekly
TUNIS - Algeria is artificially propping up the dinar to finance increased state spending in 2018 ahead of presidential elections. The move comes despite a spillover effect from the depreciation of the US dollar, which cancelled some of Algeria's gains ...
New healthcare facility built for the City of Naga, Cebu - Malaya
QUALITY healthcare delivery is at the cornerstone of empowering a productive citizenry. Putting by heart its social development mantra of “Building the Nation Together” with Filipinos, CEMEX Holdings Philippines supported the construction of the new ...
Death penalty for alleged Mossad spy sentenced in Algeria - i24NEWS
The other six members of group, who were said to be of African origin, were given ten year jail sentences and each fined 20 million Algerian dinar. According to Jerusalem Post citing local Algerian media, they were charged with espionage “possession ...
Cranking up the pressure - Qantara.de
High unemployment, rising inflation, the devaluation of the Algerian dinar, not to mention bottlenecks in the supply of imported basic foodstuffs are now presenting large sections of the population with serious problems. After all, the state no longer ...altro »
Algeria resorts to 'easy money' to avoid IMF's conditional reforms - The Arab Weekly
TUNIS - The Algerian central bank is flooding the country with “easy money” to finance budget deficits and avoid borrowing from the International Monetary Fund (IMF), which would demand economic reforms. The Bank of Algeria pumped out $191 billion to ...