US dollar hits historic peak against the Algerian dinar

The US dollar reached an all-time high against the Algerian dinar in official exchange rates on Monday, November 9, trading at 136.13 dinars. This upward trend follows the global strengthening of the American currency, driven by Federal Reserve policies and US employment data. Meanwhile, the euro stands at 152.90 dinars in official channels. Conversely, the parallel market at Square Port-Said has not followed this trend, experiencing slight declines with the euro at 276 dinars and the dollar at 245.5 dinars. The 2027 Finance Bill had initially projected an exchange rate of 131 dinars per dollar.