Algeria Dominates Foreign Exchange Reserves in the Maghreb Region
Sunday, 11 August 2024, 11:43
Algeria's Foreign Exchange Reserves
Algeria (low) has secured the top position in the Maghreb concerning foreign exchange reserves, (high) showing a robust economic stance. The country holds reserves that are nearly double those of its western neighbor, Morocco.
Comparison with Other Maghreb Nations
- Morocco: The second-largest reserves in the region
- Libya and Tunisia: Follow with lesser reserves
This performance showcases Algeria's economic strength, underpinning its financial stability and influence in the wider North African region.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.