Algerian dinar won't go any lower - Cyceon.com
Don't worry, it won't fall any lower. It is in a few words the meaning of the recent statements of the Governor of the Central Bank of Algeria, Mohamed Loukal, after the dinar, Algerian national currency, has been devalued several times. In response to ...
Ooredoo Algeria grows customer base 6% in 2016 - Telecompaper (subscription)
Ooredoo Algeria's revenues for the financial year ending 31 December 2016 decreased to KWD 309.8 million from KWD 332.5 million in 2015. The Algerian Dinar depreciated significantly compared with the same period last year, impacting the results ...altro »
Engineers India Limited signs pact with an Algerian firm - Dalal Street Investment Journal
On January 27, Engineers India Limited (EIL) announced that it has signed a contract with Sonatrach Spa, an Algerian company engaged in the development of oil and gas projects worldwide, for carrying out studies and providing project management ...altro »
Algeria dinar's fall hits finances, but may bring reserves benefits - Reuters
ALGIERS, May 31 Algeria's dinar currency has fallen to its lowest levels since independence from France, hit by lower energy prices that have sapped the OPEC producer's revenues. After a few weeks of stability, the dinar on May 25 hit a five decade, ...altro »
Algerian dinar hits record low as central bank seeks to curb imports - Al-Arabiya
The central bank, which keeps the dinar in a managed float against major currencies, hope the move will curb imports, which are expected to reach $57.3 billion in 2015, exceeding exports by their widest margin ever, a financial source told Reuters.
Social Crisis Ensues in Algeria as Oil Prices Drop: French Newspaper - Morocco World News
Fluctuations in the price of oil can thus significantly impact Algeria's economy. This year, the article notes, hydrocarbon exports have brought in $6 billion dollars less than they brought in last year. Between 2014 and 2015, the Algerian dinar also ...
Algeria replaces central bank chief amid oil slump - Financial Times
Algeria has replaced Mohamed Laksaci, the country's central bank governor who has been the target of much public criticism, some of it from the governing coalition over the depreciation of the dinar, the Algerian currency. Mr Laksaci, who occupied his ...
Riots overtake peaceful protest by Algerian shopkeepers - The Observers (blog)
In the Bejaïa region, in northern Algeria, shopkeepers are fighting against a new finance law that came into effect on January 1. This law, which includes new taxes, risks to threaten revenue from sales as well as decreasing the purchasing power of ...
GLD: More Reasons To Sell Gold And Buy A House Or Two - Seeking Alpha
This does not mean that one ounce of gold is worth $1,300 USD or 140,000 Algerian Dinar or whatever other currency gold has been sold in. This merely means that somebody has recently purchased gold in a given currency at a certain price. This leads to ...
A Much Needed New Economic Paradigm For Algeria - Huffington Post
Algeria is lately facing a dramatic setback to its ambitious plan to build a modern nation and economy with its large infrastructure investment program, like all countries that rely heavily on oil and gas. Algerian annual revenues have fallen by 50 ...