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In Algeria, Illegal Money-Changers Thrive.

Authors :
Slimani, Salah
Alexander, Caroline
Source :
Bloomberg Businessweek; 10/14/2013, Issue 4350, p21-22, 2p
Publication Year :
2013

Abstract

The article focuses on capital flight from Africa due to Algerian purchases of euros with black market funds. Topics include the size of the illegal foreign exchange market in Algeria in 2013, the increased demand for black market money, and how the capital outflow impacts the economy of Algeria. Information is provided on the government's inaction on the problem.

Details

Language :
English
ISSN :
00077135
Issue :
4350
Database :
Complementary Index
Journal :
Bloomberg Businessweek
Publication Type :
Periodical
Accession number :
90671716