Liquidity Management, by the Bank of Algeria, in the Algerian System of Immediate Settlement 'ART' during the Period 2006-2020

The present research paper comes to shed light on the way the Bank of Algeria deals with liquidity problems in the Algerian system for immediate settlement, since its entry into execution in 2006 until 2020, and the extent to which it keeps pace with the mechanisms adopted by the rest of the other central banks in this field. Results show that the Bank of Algeria uses the waiting queue mechanism without having to activate it with resorting to the cash market and finally the daily facilities of the Bank of Algeria as a last lender.