International Reserves in Algeria

Algeria International Reserves | Economic News & Forecasts

Algeria - International Reserves

Algeria’s presidential campaign officially began on 17 November, with five candidates competing to take the helm of the country in elections scheduled for 12 December. The new president will inherit a country immersed in a deep political crisis and an economy in severe distress. Mass demonstrations rumble on, with protestors accusing all five candidates of being part of the same old political establishment; some opposition parties have even advocated boycotting the election. Meanwhile, the approval of a controversial energy law on 14 November should open the door to foreign investment and technology in the oil and gas sectors. That said, the current political climate and the fact that the bill guarantees a leading role to state-owned Sonatrach cast doubts over the success of the reform.

Algeria - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)195  180  145  115  97.6  

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Algeria International Reserves Chart

Algeria International Reserves
Note: International reserves in months of imports.
Source: Bank of Algeria and FoucsEconomics calculations.

Algeria Facts

Exchange Rate119.8-0.11 %Nov 21

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