The average exchange rate of the Algerian dinar continued to fluctuate against foreign and Arab currencies during the second day of the weekend for government banks.
The average exchange rate of the US dollar fell against the Algerian dinar, recording about $ 128.964.
The average exchange rate of the euro against the Algerian dinar rose slightly, and its value reached 153.106 dinars, while the pound sterling rose to 169.621 dinars.
Gulf currencies
Slightly, the average exchange rate of the Algerian dinar against the Gulf currencies decreased compared to Friday’s prices.
The average exchange rate of the Emirati dirham was 35.1163 dinars, the Saudi riyal 34.3741 dinars, and the Kuwaiti dinar 421.904 dinars.
North African Coins
The average exchange rate of North African currencies rose slightly against the Algerian dinar compared to Friday’s prices.
The average exchange rate of the Egyptian pound was 8.21794 dinars, the Tunisian dinar was 46.9060 dinars, and the Moroccan dirham was 14.1356 dinars.
The Algerian Ministry of Trade intends to increase the number of products prohibited from import or subject to the additional duty from 998 products to 2,600 products before the end of this year, most of which are imported from the European Union, despite the latter’s refusal to impose duties on its products since 2018.
The Algerian Minister of Trade, Kamal Rezaig, justified the next step by protecting the balance of payments due to the imbalances it faces, and protecting the domestic product.
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