Middle East Economic Survey

VOL. LIII

No 12

22-March-2010

ALGERIA

Algerian Forex Reserves To Be Repatriated

The Algerian government has revised its policy concerning the management of foreign exchange reserves, currently amounting at $147bn, Algerian newspaper El-Khabar said on 15 March. These reserves will be invested within the country, Algerias Minister of Industry and Investments Development Abdelhamid Tamar was reported as saying, after the government became convinced that investing them in...