Bank of Algeria
Algeria is applying to join Brics bank, says president
Country joins Argentina and Honduras on list of applicants
IMF urges Algeria to abandon monetary financing
Fund says a weaker dinar would support efforts to reduce debt
Algerian monetary financing may stoke inflation, warns IMF
In September 2017, Algiers resorted to central bank financing of budget deficits
Algeria’s longest serving governor dismissed
President dismisses Laksaci after 15 years of service at central bank; head of state-run Banque Extérieure d'Algérie Mohamed Loukal to take helm
Sovereign wealth fund could help fiscal discipline in Algeria, says IMF
Fund suggests setting up a SWF and implementing a ‘full-fledged' fiscal rule to help manage volatile hydrocarbon revenues and curb inflationary pressures
Algeria’s Laksaci warns against advanced economy risks
Bank of Algeria governor Mohammed Laksaci says sluggish growth in advanced economies is creating uncertainty over global recovery
BIS Board invites new member central banks to join
The Bank for International Settlements (BIS) Board has invited six central banks to BIS membership and appointed Hans Tietmeyer as Vice-Chairman of the Board of Directors of the BIS, 30 June.