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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe decision taken by the Council of Ministers which met on Sunday, June 28, concerning the extension of the closure of all Algeria's borders, caused the Euro to fall on the Black Currency Market at "Square Port Said" in Algiers Center.
Indeed, the decision to keep the borders closed had a direct impact on the value of the euro on the black market.
In a few days, it fell, for the first time in a few weeks, below the 190 dinars mark. This Tuesday, the single European currency was trading at 189 dinars for 1 euro.
For the official market, the euro remains high, at 145.07 dinars in quotations on Tuesday. For the dollar is trading at 129.16.
According to several economists, the euro could fall even more over the next few days because with the cancellation of trips abroad, the black market currency will lose most of its clientele.
Recall that Algeria recorded, on Tuesday, 336 new cases of coronavirus and seven new deaths, a new record since the start of the pandemic.
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