“The euro in the square flew to the sky, and the Algerian dinar collapsed before the eyes of the regime!”.. A ​​historic fall of the Algerian currency and rising prices that burn the pockets of citizens!

صحافة بلادي — The Algerian dinar recorded a new resounding fall in the parallel exchange market in “Port Said Square” (the Square) in central Algiers, where the exchange rate of one euro jumped to unprecedented historical levels, revealing the abyssal gap between official slogans and the collapsed economic reality.

The failure of the tourism grant and the paralysis of the Algerian banking system

Algerian economists and dissidents confirmed that the continued dominance of the black currency market reflects the primitiveness of the Algerian banking system and the inability of the authorities to provide hard currency to travelers, patients, and merchants through official channels.

The Algerian citizen pays the price for the collapse of the dinar in its daily halt

The collapse of the value of the Algerian dinar is immediately and directly reflected in the prices of all imported food, medicines and spare parts, which deepens the stifling living crisis of the Algerian people.

Available field data and indicators confirm that these rapid developments are being closely monitored by various institutional and professional actors, given their direct connection to the current economic and social challenges, and the continuous coordination they require to ensure the effectiveness of interventions and achieve a tangible impact on the ground.

In the same context, observers and specialists agree that the current stage requires continuing to value the gains achieved and accelerating the pace of implementing programs governed according to standards of good governance, transparency, and linking responsibility to accountability, in a way that responds to the aspirations of citizens and enhances the competitiveness and immunity of vital sectors.