Tag: Euro

Forex: falling euro drags CFA franc down, importing inflation and deepening debt

July 26, 2022

With the euro having recently declined to less than one US dollar, this development has a direct impact on the CFA franc, which has a ... Read More

Morocco to Launch Gradual Dirham Liberalization in June

April 20, 2017

Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to ... Read More

Algeria’s African Business Forum Turns into Fiasco

December 5, 2016

The big PR African business & investment forum which Algerian authorities organized lately in a bid to improve the country’s image that is losing luster ... Read More

Algeria’s Trade Deficit Worsens to Over $ 10 billion

October 23, 2015

Algeria trade deficit widened to $10.33 billion during the first nine months of 2015, against a $4.09 billion surplus a year earlier, after a sharp ... Read More