'Algerians are hurting': Dinar's dramatic fall deepens economic woes

Decades of failed policy and reform drives that have amounted to little more than kicking the can down the road are catching up with the Algerian economy, as the dinar hit a new low this week and experts heralded more pain to come. The decline of Algeria’s currency continues apace. On Thursday, the dinar was trading at 158.76 to the euro, and more than 200 on the black market…

Read more from the source : Middle East Institute

Tags : Algiers, economy, dinar, change,