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Tag: Algeria’s economy

Algeria: $58 Billion of Foreign Exchange Reserves Lost in 2 Years

July 6, 2016July 7, 2016 Jaber Ali

Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Read more

Energy, Headlines, World NewsAbdelmalek Sellal, Algeria, Algeria’s economy, oil price, the North African country

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