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Return to the import of vehicles under 3 years old: towards a surge in the euro

06/03/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The import of vehicles under 3 years of age into Algeria leads to a surge in the euro. The European currency continues to rise against the dinar on the black currency market.

Since the announcement of the imminent start of second-hand car imports, the euro has seen an increasing black market increase. Indeed, the value of the euro is constantly changing. It stood at 224.5 dinars against 219 Algerian dinars on Wednesday, March 1, at the end of last January. A threshold that has never been reached before in Algeria.

Pour les algériens qui want to import vehicles less than 3 years old , the rise of the euro on the black currency market is bad news. This observation increases people's fears about the cost of cars given the high price of hard currency. In reality, ce this fact increases people's fears about the cost of cars in view of the high price of the hard currency. High costs , cars will not be accessible to everyone.

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