US Dollar strengthens against the Algerian Dinar across official and unofficial markets
The US dollar has gained value against the Algerian dinar, according to data from October 28. At the official exchange rate set by the Bank of Algeria, the dollar climbed to 135.1187 dinars, extending a rally that began on October 22, while the euro saw a slight decline. In the parallel market, the rise was more pronounced, with 100-dollar bills selling for 24,800 dinars—an increase of 300 dinars compared to the previous day, although rates vary depending on local exchange points. Market observers attribute this upward pressure to strong demand driven by personal vehicle imports from North America and Asia, alongside the dollar's overall strength on international financial markets.