The price of the dollar and the euro in Algeria, Monday, January 18, 2021

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The price of the European euro fell against the Algerian dinar, on Monday, on the black market for the fourth consecutive day, while the price of the dollar increased.

The price of the euro fell to 207 dinars for purchase and 209 dinars for sale, compared to 208 dinars for purchase and 210 dinars for sale, according to local media.

For his part, the price of the dollar increased to on the black market to 170 dinars for purchase and 174 dinars for sale, compared to 169 dinars for purchase and 170 dinars for sale, yesterday.

The pound sterling recorded 221 dinars for purchase and 223 dinars for sale.

Official prices

In terms of official prices, the price of the European euro registered a slight increase against the dinar at the Central Bank, recording 161.15 dinars for purchase and 161.18 dinars for sale, compared to 161.13 dinars for sale and 161.17 dinars for purchase.

While the dollar recorded a decline against the dinar with the Central Bank to 132.74 dinars for purchase and 132.76 dinars for sale, compared to 132.77 dinars for purchase, and 132.78 dinars for sale, yesterday.

While the price of the pound sterling rose to 181.47 dinars for buying and 181.51 dinars for sale, compared to 181.18 dinars for buying and 181.25 for selling, yesterday, according to the Central Bank.

Real, dirham, and dinar prices

The average price of the Saudi riyal at the Central Bank of Algeria was stable at 35.38 dinars for purchase and 35.39 dinars for sale.

And the Saudi currency recorded on the black market 44 dinars for purchase and 46 dinars for sale, compared to 44.98 dinars for purchase and 46.52 dinars for sale, yesterday.

In the Central Bank, the UAE dirham registered 36.13 dinars for purchase and 36.14 dinars for sale, compared to 36.14 dinars for purchase and 36.15 dinars for sale, yesterday.

The average of the Emirati dirham was 44 dinars for purchase and 46 dinars for sale in black market transactions, compared to 44.14 dinars for purchase and 46.15 dinars for sale, yesterday.

The price of the Kuwaiti dinar in the Central Bank fell to 437.53 dinars for purchase and 438.16 dinars for sale, compared to 437.61 dinars for purchase and 438.24 dinars for sale, yesterday.

The vaccine to boost economic momentum

Algeria is scheduled to receive half a million doses of the Russian “Sputnik V” anti-Corona vaccine before the end of this January, in an effort by the state to move the situation and restore economic momentum.

In an interview with the government radio, the official spokesperson for the Corona Virus Monitoring and Follow-up Committee in Algeria, Jamal Forar, said: “The vaccination process will start immediately after receiving the first shipment,” stressing that 8 thousand health centers are ready to start the vaccination campaign, and the number of centers can be increased as needed. , In addition to mobile health centers that will be devoted to vaccinating residents of shadow areas.

In total, the Algerian Ministry of Health recorded about 104,000 cases of corona and 2831 deaths.

The Algerian economy is exposed to several risks, the most important of which are low oil revenues, a record budget deficit, a continuous depletion of foreign exchange reserves, a liquidity crisis and the depreciation of the Algerian dinar.





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