Following inflation on the international markets, the EUR/USD pair remains under pressure due to inflation. Several markets are forecasting the fall of the currencies pair.

The value of the euro and the American dollar is showing some stability in Algeria. This is the case on the two foreign exchange markets, the official one Banque d' Algérie and parallel to the Square d'Alger. Indeed, over the period from 28 February to 2 March, the opening trade quotations of the Algerian dinar la Banque d' Algérie indicate that the single European currency, the euro, is exchanged against 144.71 Algerian dinars at the purchase and against 144.75 Algerian dinars at the time of sale. Similarly, black market traders exchange the unit of this same currency against 221.00 Algerian dinars at purchase and against 223.00 Algerian dinars at sale.

As for the official market exchange rates, they show the single US dollar at 136.55 Algerian dinars at 136.56 Algerian dinars at sale and the single greenback at 207.00 Algerian dinars and sells for 209.00 Algerian dinars on the informal market in Port Said Square in Algiers.