Black and official markets: the Algerian dinar continues its tumble against the Euro

in #economy7 years ago

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The national currency continues to fall against international currencies in both official and parallel markets.

Indeed, the Euro is side by the bank of Algeria in the interbank foreign exchange market at 134.21 Algerian dinars for the purchase and 134.25 DA for sale.

The chart of the European currency the Euro in Algerian Dinar oscillates, according to the services and money transfers, during the last 24 hours, between 135.27 DA and 134.48 DA, in a peak never reached.
EUR chart in DZD. Source: XE.comOn the parallel market and despite the drastic drop in demand, weighed down by the latest measures governing imports, taken by the bank of Algeria, the Euro is exchanged at 204 Algerian dinars for the purchase and sale. 205 Algerian dinars for sale at the Port Said Square in Algiers.

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