VOL. XXXV
NO. 9
2-DECEMBER-1991
Financial and Banking News
Budgets & Revenues
Algeria Calls In Companies' Illegal Foreign Exchange Holdings
The Algerian Central Bank has ordered local companies to repatriate foreigncurrency they are keeping abroad within 120 days or face restrictions on theiractivities. Companies are not allowed to keep foreign currency earned fromoverseas trade. A Central Bank statement said that "allbusinesses...presenting an irregular situation over exchange control will...
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